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Multifamily in Hollywood, FL 33020Hollywood Little Ranches, 2414 Johnson St
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Closed
Beds
7,623
SqFt$361
$/SqFtSold - Jul 02, 2025
Multifamily
Built in 1956
Fourplex
Fausto Commercial proudly presents this 17-unit apartment complex located at 2414 Johnson St. in Hollywood, FL. The property consists of 3 two-bedroom/one-bath units, 6 studios, and 8 one-bedroom/one-bath units. Currently underperforming with 4 vacancies, the property presents a significant value-add opportunity. With professional management and full occupancy, the projected cap rate exceeds 8%, making this an exceptional opportunity for a savvy investor. Sitting on a large 21,000 sq ft lot, the site also offers potential for redevelopment into approximately 40 units. Located just minutes from Young Circle, Hollywood Beach, restaurants, and I-95, the property offers strong tenant appeal in a high-demand rental market.
MLS Number: A11801115
On Site: 490 Days
Updated: 20 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: WallFurnace
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: Tile,Vinyl
- Year Built: 1956
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-05-14T13:20:45.000-00:00
Taxes, Fees & More
- Taxes: 59457
Apples-to-Apples Comparables
Price History
Current
$2.8M
High
$2.9M
Low
$2.8M
Total Change
-5.2%Date
Event
Price
Change
Price Per
07/02/2025
Sold
$2.8M
0%$361 ft2
$3,883 m2
05/12/2025
Price Reduced
$2.8M
-5.17%$361 ft2
$3,883 m2
05/12/2025
Listed
$2.9M
$380 ft2
$4,095 m2
07/02/2025
$2.8M
Event
Sold
Change
0%Price Per
$361 ft2
$3,883 m2
05/12/2025
$2.8M
Event
Price Reduced
Change
-5.17%Price Per
$361 ft2
$3,883 m2
05/12/2025
$2.9M
Event
Listed
Price Per
$380 ft2
$4,095 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Elior Levi • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .
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Scores
84
100
39
100
62
100
65
100
0
100
45
100
2
100
Community Snapshot
2 – 6 BR
Bedrooms
$280K – $3.5M
Price Tier
620 - 12,540
SqFt Range
1953
Year Build
1
Total Floors
Subdivision Amenities
None
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