Hollywood Little Ranches

Highlights:

• Lot Features: 1/2 To Less Than 3/4 Acre Lot
• Documents Available: Other Available Information, Rent Rolls
• Architectural Style: Attached
• Cooling: Central Air
• Heating: Central
• Flooring: Other, Tile, Vinyl
• Construction Materials: CBS Construction

Description:

Fausto Commercial is proud to present 2432 Taylor St, a well-positioned multi-family asset just minutes from Young Circle, Hollywood Beach, restaurants and I-95. This 10-unit property consists of five buildings, featuring (1) 2-bedroom unit and (9) 1-bedroom units, all fully occupied with assigned parking and a spacious central garden/seating area. With current rents 25% below market, there's significant upside potential—bringing rents to market rates would push NOI above $166K, achieving a 7%+ cap rate. Sitting on a massive 22,500 SF lot, the property also offers prime redevelopment potential, comfortably accommodating up to 37 units in one of Hollywood’s fastest-growing areas.