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1621 Van Buren St 1-11, Hollywood, 33020

  • $2,300,000

Buy

Hollywood

1621 Van Buren St 1-11, Hollywood, 33020

Hollywood
  • $2,300,000

Quick Details

MLS #: A11800225
  • 10244
  • Lot sqft
  • 1925
  • Year Built

Description

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.

  • Address 1621 Van Buren St 1-11
  • City Hollywood
  • State/county Florida
  • Zip/Postal Code 33020
  • Area Broward County

Details

  • MLS #: A11800225
  • Price: $2,300,000
  • Land Area: 10244 sqft
  • Year Built: 1925
  • Property Status: Buy
Listed by Elior Levi · Fausto Commercial Realty Consultants Inc - Updated on May 31, 2025 at 8:07 am

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