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New
35
Home61's Closings in
Hollywood
Amenities
Key features
Living area
5,058 sqft
Maintenance
$ 0
Tax
$34,557 (2024)
Tenant Occupied
No
Parking Space
4
Floor #
0 / 2
Building
HOLLYWOOD
On market
1 day
$ /sqft
$ 455
Type
apartment
Unit
-
Year Built
1937
Zip Code
33020
Ref./MLS ID
A11800214
DESCRIPTION
Fausto commercial is proud 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.
Data is provided by Miami Board of Realtors.
Public transportation
Miami Central
27 mins
Sheridan Street
34 mins
Hollywood
35 mins
Fort Lauderdale/Hollywood International Airport at Dania Beach
44 mins
Nearby School In Hollywood
Data Provided by greatschools.org
Neighborhood
Hollywood
- Hollywood
Listed on May 12, 2025 by Elior Levi from Fausto Commercial Realty Consultants Inc, this apartment is for sale. apartment for sale in Hollywood listed at $2,300,000, Reference A11800214
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.