2432 Taylor St

Highlights:

• Number Of Buildings: 5
• Documents Available: Aerial Photo(S), Rent Rolls
• Cooling: Central Building A/C, Wall/Window Unit(s)
• Heating: Central Building A/C, Wall/Window Units
• Flooring: Tile, Vinyl
• Construction Materials: CBS Construction
• Parking Features: Assigned

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.