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+19544456395
NB Elite Realty
1621 Van Buren St, Hollywood, FL 33020
- $2,100,000
- 5,058
- SqFt
- Sold Price
- $2,100,000
- List Price
- $2,300,000
- Closing Date
- Dec 18, 2025
- MLS
- A11800214
- Complex Name
- Hollywood
- Status
- CLOSED
- Type
- Multifamily
- Living Area
- 5,058
Property Description
We are pleased to present 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
- Style
- Quadruplex, Fourplex
- #Parking Spaces
- 4
- Year Built
- 1937
- Development Name
- Hollywood
- #Stories
- 2
- Construction Type
- CBS Construction
- Section
- 15
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Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact:
Selling Office: Compass Florida, LLC.