Hollywood Lakes, 1621 Van Buren St, Hollywood, FL 33020

$2,300,000Price
5,058SqFt

Save

Details

Save

Status:
Active
Size: 5,058 SqFt (470 m2)
Price: $455/SqFt ($4,895/m2)
Type: Multi Family
Built: 1937
MLS Number: A11800214
On Site: 84 Days
Updated: 46 Days ago
Page Views: 0
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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Other,Vinyl
        • Year Built: 1937
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-05-11T23:24:29.000-00:00
          Taxes, Fees & More
          • Taxes: 34557

          Price History

          05/09/2025

          Date

          Listed

          Event

          $2.3M

          Price

          $455 ft2 / $4,895 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Elior LeviFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $300/ft²
          $600/ft²
          $900/ft²

          Unit 1621 Van Buren St – Asking

          $455/ft²

          (-2%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $463/ft²
          Community $/Price Range (Closed) $279/ft² – $767/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
          THINKING OF SELLING IN Hollywood Lakes at Hollywood?

          Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

          Hollywood
          Mid-Tier Homes & Condos

          Logo

          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

          Copyright © 2025 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.