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.
Fausto Commercial Realty Consultants Inc