About 2432 Taylor St
Fausto Commercial is 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 SF lot, the property also offers prime redevelopment potential, comfortably accommodating up to 37 units in one of Hollywood’s fastest-growing areas.
Features of 2432 Taylor St
| MLS® # | A11748655 |
|---|---|
| Price | $2,300,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1955 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 2432 Taylor St |
|---|---|
| Area | 3050 |
| City | Hollywood |
| County | Broward |
| State | FL |
| Zip Code | 33020-4345 |
| HOPA | No Hopa |
Amenities
| Parking | Assigned |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile, Vinyl |
|---|---|
| Heating | Central, Wall Furnace, Window Unit |
| Cooling | Central Air, Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Windows | Impact Glass |
|---|---|
| Roof | Built-Up |
| Construction | Block |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|