1621 Van Buren St, Hollywood, FL 33020
Local realty services provided by:ERA South Dade Realty
Listed by: elior levi
Office: fausto commercial realty consultants inc
MLS#:A11800214
Source:SEFMLS
Price summary
- Price:$2,300,000
- Price per sq. ft.:$454.73
About this home
We are pleased to present 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.
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Home facts
- Year built:1937
- Listing ID #:A11800214
- Updated:November 24, 2025 at 10:46 AM
Rooms and interior
- Living area:5,058 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Built-Up
- Year built:1937
- Building area:5,058 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,300,000
- Price per sq. ft.:$454.73
- Tax amount:$34,557 (2024)
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