$6,000,000
Hollywood, FL 33020
MLS# A12109921
14550 sqft
1 / 15
Property Description
22-unit multifamily investment opportunity just north of Downtown Hollywood! Offered at $6,000,000, this property features 14 one-bedroom and 8 two-bedroom apartments totaling approximately 14,550 SF of rentable unit area. The majority of unit interiors have been renovated, with updated flooring, lighting, ceiling fans, and select upgraded kitchens. Property features a gated landscaped courtyard, outdoor seating, on-site coin laundry, and off-street parking. Currently 72.7% occupied with 16 of 22 units leased, generating $346,752 in annualized rental income. Significant value-add potential through leasing six vacant units and bringing rents to projected market levels. Pro forma NOI of $312,063 and projected 5.20% cap rate. Conveniently located near Downtown Hollywood, Young Circle, University Station, Hollywood Beach, US-1, and I-95. Excellent opportunity in a growing South Florida market!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-10-16
Status: Active
Original List Price: 6000000
List Price: $6,000,000
Current Price: $6,000,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Hollywood
Postal Code: 33020
Geographic Area: HWEA - Hollywood East (3010-3050)
Flood Zone: X
Country: United States
Street Number: 2000
Street Name: Buchanan
Street Suffix: Street
State Or Province: FL
Postal Code +4: 4039
Area: 3050
Parcel Number: 514215NN0010
Zoning: DH-3
General Property Information
Occupant Type: Call Listing Agent
Lot Size Area: 20500
Property Sub Type: Multi Family
Building Area Main: 14550
Year Built: 1962
Lot Size Acres: 0.47
Office/Member Information
DXORIGMLSID: SEF
Showing Requirements
Appointment Only: 1
Price Calculations
Current Price To SqFt: 412.37
Section Details
Parcel Number MLX: 0010
Financial Information
Tax Annual Amount: 2879
Tax Legal Description: BONNIE VILLA APTS CO-OP UNIT 1
Status Change Information
Major Change Timestamp: 2026-10-16T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-20
Originating Details
Originating System Key: 567808411
Originating System ID: M00000151
Property Features
Showing Requirements: Appointment Only
Listing Office: RE/MAX 5 Star Realty
Last Updated: October - 20 - 2026
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