2432 TAYLOR ST #10, Hollywood
$2,300,000 USD
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| Address | 2432 TAYLOR ST #10, Hollywood |
| Building Name | HOLLYWOOD LITTLE RANCHES |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $2,300,000 |
| Property Status | Active |
| MLS Number | A11748635 |
| Living Area | 8673 |
| Year Built | 1955 |
| Parking Space Number | 12 |
| Folio Number | 514216016760 |
| Zoning Information | MC-1 |
| Days on Market | 220 |
Detailed Description: We are proud to present 2432 Taylor St, a well-positioned multi-family asset just minutes from Young Circle, Hollywood Beach, restaurants and I-95. This 10-unit property consists of five buildings, featuring (1) 2-bedroom unit and (9) 1-bedroom units, all fully occupied with assigned parking and a spacious central garden / seating area. With current rents 25% below market, there’s significant upside potential—bringing rents to market rates would push NOI above $166K, achieving a 7% + cap rate. Sitting on a massive 22,500 sq.ft lot, the property also offers prime redevelopment potential, comfortably accommodating up to 37 units in one of Hollywood’s fastest-growing areas.
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Address Information
| State | Florida |
| City | Hollywood |
| County | Broward County |
| Zip Code | 33020 |
| Address | 2432 TAYLOR ST |
| Section | 16 |
| Zip Code (4 Digits) | 4345 |
Financial Information
| Price | $2,300,000 |
| Price per Foot | $0 |
| Folio Number | 514216016760 |
| Tax Amount | $25,374 |
| Tax Year | 2024 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | We are proud to present 2432 Taylor St, a well-positioned multi-family asset just minutes from Young Circle, Hollywood Beach, restaurants and I-95. This 10-unit property consists of five buildings, featuring (1) 2-bedroom unit and (9) 1-bedroom units, all fully occupied with assigned parking and a spacious central garden / seating area. With current rents 25% below market, there’s significant upside potential—bringing rents to market rates would push NOI above $166K, achieving a 7% + cap rate. Sitting on a massive 22,500 sq.ft lot, the property also offers prime redevelopment potential, comfortably accommodating up to 37 units in one of Hollywood’s fastest-growing areas. |
| Roof Description | Built-Up |
| Floor Description | Other, Tile, Vinyl |
| Cooling Description | Central Air |
| Heating Description | Central |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 8673 |
| Zoning Information | MC-1 |
| Year Built | 1955 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | HOLLYWOOD LITTLE RANCHES |
| Development Name | HOLLYWOOD LITTLE RANCHES |
| Construction Type | CBS Construction |
| Stories Number | 1.000 |
| Parking Space Number | 12 |
| Listed with | Fausto Commercial Realty Consultants Inc |