- – beds
- – baths
- 7,623 sqft
- $360 per sqft
- 1956 build
- – on site
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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.
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Last updated Jul 3, 2025
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MLS# A11801115 —
The Building
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Year Built:1956
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Year Built Details:Resale
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Construction Materials:Block
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Architectural Style:Fourplex
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Roof:BuiltUp
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Levels:Two
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Stories:2
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Building Area Total:7623.0
Interior
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Flooring:Tile, Vinyl
Room Dimensions
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Living Area:7623.0
Financial & Terms
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Buyer Financing:Cash
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Possession:ClosingAndFunding
The Property
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:RM-18
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Parcel Number:514216015140
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Possible Use:Investment
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Lot Features:QuarterToHalfAcreLot
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (954) 743-7594
- Office phone:
- (954) 743-7594
Taxes
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Tax Year:2024
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Tax Annual Amount:$59,457
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Tax Legal Description:HOLLYWOOD LITTLE RANCHES 1-26 B LOT 29 BLK 13
The Listing
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Rent Includes:Electricity,Gardener,HotWater,Other,Sewer,TrashCollection,Water
Heating & Cooling
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Heating:WallFurnace
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Heating:true
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Cooling:WallWindowUnits
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Hollywood Little Ranches
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Pool Features:None
Parking
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Parking Total:17.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/2/25
Jul 2, 2025
|
Sold | MLSM | $2,750,000 | -5.2% |
5/20/25
May 20, 2025
|
Sold Subject To Contingencies | MLSM | $2,900,000 | |
5/14/25
May 14, 2025
|
Listed / Active | MLSM | $2,900,000 |