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2000 Buchanan St, Hollywood, FL 33020
Offering:
For Sale
Location:
Hollywood, FL 33020
Status:
Active
$6,000,000
Deemed reliable but not guaranteed.
Details
Year built:
1962
Lot size:
20,500 sq ft
Days on market:
4
Annual tax:
$2,879
Type:
Multi-family
MLS ID
A12109921
Virtual tour:
Listed by:
RE/MAX 5 Star Realty (DBRG01)
Listing office phone:
954-361-0000
Listing office email:
Listing agent:
John DeMarco (3134747)
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!
Price history
$6,000,000 → $6,000,000
· 1 price changes
Location
2000 Buchanan StHollywood, FL 33020
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MLS information
Last updated Oct 20, 2026
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