Closed

Hollywood Little Ranches, 2414 Johnson St, Hollywood, FL 33020

7,623SqFt

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Details

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Status:
Sold - Jul 02, 2025
Size: 7,623 SqFt (708 m2)
Price: $361/SqFt ($3,883/m2)
Type: Multi Family
Built: 1956
MLS Number: A11801115
On Site: 90 Days
Updated: 40 Days ago
Page Views: 0
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.
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

          Price History

          07/02/2025

          Date

          Sold

          Event

          $2.8M

          Price

          0%

          Change Rate

          $361 ft2 / $3,883 m2

          Price Per

          05/12/2025

          Date

          Price Reduced

          Event

          $2.8M

          Price

          -5.17%

          Change Rate

          $361 ft2 / $3,883 m2

          Price Per

          05/12/2025

          Date

          Listed

          Event

          $2.9M

          Price

          $380 ft2 / $4,095 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
          $200/ft²
          $400/ft²
          $700/ft²

          Unit 2414 Johnson St – Asking

          $361/ft²

          (-1%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $363/ft²
          Community $/Price Range (Closed) $194/ft² – $547/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.
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