loading...
MLS ID: A11800214
List Price: $ 2 300 000
Sold Price: $ 2 100 000 (-9%)
Status: Closed
List date: 05/11/2025
Closing Dt: 12/18/2025
Days on Market: 221
Sell $ 415 per SqFt
1621 Van Buren St, Hollywood
#MLS: A11800214
$ 2 300 000
Listing date05/11/2025
CityHollywood, FL 33020
Address1621 Van Buren St
Area5058 sqft
Tax/year$ 34 557
Built year1937

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.

Similar listings