1621 Van Buren St, Hollywood, FL 33020

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1621 Van Buren St,Hollywood, FL 33020
$2,300,000
Virtual Tour
  • - Beds
  • - Baths
  • 5,058 sq. ft.
  • Multi-family
  • Active
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:September 30, 2025 at 10:01 PM

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)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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