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Single FamilyFor Sale
$2,900,000
2414 Johnson St
Hollywood, FL 33020
Courtesy of Fausto Commercial Realty Consultants Inc
MLS: MIAMI Association of REALTORS
7,623Sq Ft
Est. Mortgage
$15,069/mo
Fausto Commercial proudly presents this 17-unit apartment complex located at 2414 Johnson St. in Hollywood, FL. The property consists of 3 two-bedroom/one-bath units, 6 studios, and 8 one-bedroom/one-bath units. Currently underperforming with 4 vacancies, the property presents a significant value-add opportunity. With professional management and full occupancy, the projected cap rate exceeds 8%, making this an exceptional opportunity for a savvy investor. Sitting on a large 21,000 sq ft lot, the site also offers potential for redevelopment into approximately 40 units. Located just minutes from Young Circle, Hollywood Beach, restaurants, and I-95, the property offers strong tenant appeal in a high-demand rental market.
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