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Downtown Hollywood 8-Unit Gem | 7%+ Cap Rate & Redevelopment Potential

2237, Taylor Street, Hollywood, Broward County, Florida, 33020, United States
  • Land development, Multi-family
  • Property Type
  • 8
  • Units
  • 6,880
  • ft²
  • 20,000
  • Lot ft²
For Sale
Downtown Hollywood 8-Unit Gem | 7%+ Cap Rate & Redevelopment Potential
2237, Taylor Street, Hollywood, Broward County, Florida, 33020, United States

Details

Updated on July 1, 2025 at 9:18 pm
  • Price: $1,800,000
  • Property Size: 6,880 ft²
  • Land Area: 20,000 ft²
  • Units: 8
  • Property Type: Land development, Multi-family
  • Property Status: For Sale

Description

Rare opportunity to acquire this fully occupied 8-unit apartment building in the heart of Downtown Hollywood at 2237 Taylor St. The property features seven spacious 2-bed/2-bath units and one oversized 1-bed/2-bath unit — each approximately 860 sq ft, offering exceptional living space.

Fully renovated with brand-new flooring, kitchens, appliances, bathrooms, fresh paint, impact windows and doors, a 2017 roof, and PVC plumbing throughout.

Generates a current NOI of $133,000, providing an attractive 7%+ cap rate from day one.

Situated on an oversized 20,000 sq ft lot with ample parking and redevelopment potential for approximately 37 units. Walking distance to Young Circle, restaurants, and bars, and just a few minutes’ drive to the beach — an unbeatable investment in a high-demand area.

Property Documents

2237 TAYLOR ST-ELEVI
  • Address 2237, Taylor Street, Hollywood, Broward County, Florida, 33020, United States
  • City Hollywood
  • State/county Broward County
  • Zip/Postal Code 33020

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