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About This Property
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.
Property Features
County
Broward County
Section
16
Area
5005
Subdivision
Interior
Cooling
Central Building A/C, Wall/Window Unit(s)
Bedrooms
Floors
Tile, Vinyl
Full Baths
Appliances
Heating
Central Building A/C, Wall/Window Units
Style
Garage Spaces
Construction/Exterior
CBS Construction
Patio / Deck Description
Exterior
Has a Pool
Possession
Funding
Lot Size in Acres
Water
Public
Sewer
Septic Tank
Lot Size in Sq. Ft.
22566
Has Waterfront
No
Parking Description
Assigned
View
Has Garage
No
Roof/Attic
Built-Up
Senior Community
No
Other Utilities
Property Type
Commercial Sale
Pets
Property SubType 2
Income/MultiFamily
Tax Year
NA
Year Built
1955
Tax Amount
$25374
APN
NA
Square Feet Source
NA
Map
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