Property Details
| Sold Price | $2,100,000 |
|---|---|
| Last Asking Price | $2,300,000 |
| Price per SqFt | $415 |
| Maintenance fee | Inquire |
| Property Taxes | $34,557 2024 |
| Interior Space | 5,058 SqFt |
| Beds/Baths | —/— |
| Year Built | 1937 |
| Pool | No |
| Closed Date | 12/18/2025 |
| MLS # | A11800214 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by Fausto Commercial Realty Consultants Inc
Sales History for This Home · 1621 Van Buren Street, Hollywood, FL 33020
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A2184146 | $1,050,000 | 1/29/16 |
| A1722438 | $775,000 | 9/30/13 |
Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Hollywood and throughout South Florida.
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Location
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