1621 Van Buren St
Hollywood, FL 33020
-- Bed-- Bath5,058 Sq Ft102 Days on Market
Listing Agent & Comments
Elior Levi • Fausto Commercial Realty Consultants Inc
954-743-7594 • elevi@faustocommercial.com License #3574869We 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.
MLS# A11800214 • Data provided by Miami MLS
HouseCanary, Inc. Brokerage
Living Area | 5,058 Sq.Ft. |
---|---|
Lot Size | 0.2 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 2 |
Year Built | 1937 |
Property Type | Multifamily |
Zoning | LT |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $34,557 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by Miami MLS.
More Information On This Home
This home's estimated value
$2,251,361
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, crime reports, and rental estimate
New
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1621 Van Buren St., Hollywood, FL 33020
Multifamily-- Bed-- Bath5,058 Sq Ft102 Days on Market
Listing Agent & Comments
Elior Levi • Fausto Commercial Realty Consultants Inc
954-743-7594 • elevi@faustocommercial.com License #3574869We 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.
MLS# A11800214 • Data provided by Miami MLS
HouseCanary, Inc. Brokerage
Living Area | 5,058 Sq.Ft. |
---|---|
Lot Size | 0.2 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 2 |
Year Built | 1937 |
Property Type | Multifamily |
Zoning | LT |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $34,557 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by Miami MLS.
This property is missing data for:
Comparable properties, crime reports, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
1621 Van Buren St
Hollywood, FL 33020
-- Bed-- Bath5,058 Sq Ft102 Days on Market
Listing Agent & Comments
Elior Levi • Fausto Commercial Realty Consultants Inc
954-743-7594 • elevi@faustocommercial.com License #3574869We 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.
MLS# A11800214 • Data provided by Miami MLS
HouseCanary, Inc. Brokerage
Living Area | 5,058 Sq.Ft. |
---|---|
Lot Size | 0.2 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 2 |
Year Built | 1937 |
Property Type | Multifamily |
Zoning | LT |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $34,557 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by Miami MLS.
More Information On This Home
This home's estimated value
$2,251,361
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, crime reports, and rental estimate
New
Do you own this home?
Access your homeowner dashboard