1621 Van Buren St Unit #1-11, Hollywood, FL 33020
- $2,100,000
- Sold Price
- $2,100,000
- List Price
- $2,300,000
- Closing Date
- Dec 18, 2025
- MLS#
- A11800225
- Status
- CLOSED
- Type
- Commercial
Property Description
1621 Van Buren St, a well-maintained 11-unit multifamily property located east of US1 in the highly desirable Hollywood Lakes neighborhood, just steps from Young Circle. The building includes ten 1-bed/1-bath units and one studio, all with separate electric meters. Spanning 5,058 sq ft on a 10,244 sq ft lot, the property has undergone recent renovations and features a new roof and dedicated parking. At the asking price, it offers a solid going-in cap rate of 6.5%, with the potential to exceed 7% through modest rent increases. Seller financing is available with just 30% down and attractive terms, making this a compelling investment opportunity in a prime redevelopment area with projected pro forma gross income exceeding $225,000.
Additional Information
- Days on Market
- 159
- Tax Amount
- $34,557
- Parcel Number
- 514215023380
- Lot Size
- 10,244
- Address
- 1621 Van Buren St Unit #1-11, Hollywood
- Year Built
- 1925
- Section
- 15
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Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact:
Selling Office: Compass Florida, LLC.