$2,300,000

Estimated payment $14,928/month

Total Views 1,873
-- Bed
-- Bath
8,673 Sq Ft
$265 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Clear Impact Glass
  • Central Heating and Cooling System
  • 4-minute walk to Lincoln Park

About This Home

We are 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.

Listing Agent

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,374

Year Built

  • Built in 1955

Parking

  • 12 Parking Spaces

Home Design

  • Quadruplex
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,673 Sq Ft Home
  • 1-Story Property
  • Clear Impact Glass

Flooring

  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hollywood Little Ranches Condos
  • Hollywood Little Ranches Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514216016760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,374

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HOLLYWOOD LITTLE RANCHES
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile, Vinyl
  • Living Area: 8673
  • Stories: 1
  • Window Features: Clear Impact Glass

Exterior Features

  • Roof: Built-Up
  • Construction Type: CBS Construction
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD LITTLE RANCHES
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514216016760
  • Zoning: MC-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 25374

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 10

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 For Sale $2,300,000 -- $265 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11748635

MIAMI REALTORS® MLS

APN: 51-42-16-01-6760