We are pleased 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.
Sold for $2,100,000
$2,100,000
1621 Van Buren St, Hollywood, FL 33020
12beds
12baths
5,058sqft
Quadruplex
Built in 1937
-- sqft lot
$2,100,100 Zestimate®
$415/sqft
$2,395 Estimated rent
Home value
$2,100,100
$1.89M - $2.35M
$2,395/mo
Zestimate® history
Owner options
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$2,395/mo
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$2,395/mo
Rent Zestimate®
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$14,860/mo
Est. payment
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$14,860/mo
Est. payment
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New roofDedicated parking
Zillow last checked:
Listing updated:
Listed by:
Elior Levi 954-743-7594,
Fausto Commercial Realty Consultants Inc
Bought with:
Ann McQueen, 3041716
Compass Florida, LLC
Source: MIAMI,MLS#: A11800214
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Other, Vinyl
Interior area
- Total structure area: 5,058
- Total interior livable area: 5,058 sqft
Property
Parking
- Total spaces: 4
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 514215023380
- Zoning: LT
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Built-Up
Condition
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Hollywood
HOA
- Has HOA: No
Location
- Region: Hollywood
Financial & listing details
- Price per square foot: $415/sqft
- Tax assessed value: $1,647,380
- Annual tax amount: $34,557
- Date on market: 5/11/2025
- Listing terms: All Cash,Conventional,Owner Will Carry
- Total actual rent: 201840
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Sold | $2,100,000-8.7%$415/sqft |
Source:  MIAMI #A11800214 Report a problem | ||
| 12/9/2025 | Pending sale | $2,300,000$455/sqft |
Source: MIAMI #A11800214 Report a problem | ||
| 5/12/2025 | Listed for sale | $2,300,000+119%$455/sqft |
Source: MIAMI #A11800214 Report a problem | ||
| 9/11/2018 | Listing removed | $1,150 |
Source: Resource One Realty Report a problem | ||
| 8/20/2018 | Listed for rent | $1,150+4.5% |
Source: Resource One Realty Report a problem | ||
| 7/14/2016 | Listing removed | $1,100+38.4% |
Source: RENTERS PARADISE REALTY Report a problem | ||
| 2/1/2016 | Sold | $1,050,000-24.7%$208/sqft |
Source: Public Record Report a problem | ||
| 9/27/2015 | Listing removed | $1,395,000$276/sqft |
Source: Brosda and Bentley Realtors #A2095016 Report a problem | ||
| 8/28/2015 | Listed for sale | $1,395,000+80%$276/sqft |
Source: Brosda and Bentley Realtors #A2095016 Report a problem | ||
| 11/4/2014 | Listing removed | $795 |
Source: Brosda & Bentley Realtors, LLC #A2027912 Report a problem | ||
| 11/3/2014 | Listed for rent | $795 |
Source: Brosda & Bentley Realtors, LLC #A2027912 Report a problem | ||
| 10/1/2013 | Sold | $775,000+6.9%$153/sqft |
Source: Public Record Report a problem | ||
| 7/2/2012 | Sold | $725,000+64%$143/sqft |
Source: Public Record Report a problem | ||
| 10/3/2003 | Sold | $442,000+217.3%$87/sqft |
Source: Public Record Report a problem | ||
| 9/1/1985 | Sold | $139,286$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,582 +5.9% | $1,513,740 +10% |
| 2024 | $34,557 +12% | $1,376,130 +10% |
| 2023 | $30,860 +13.5% | $1,251,030 +10% |
| 2022 | $27,181 +5.3% | $1,137,300 +6.6% |
| 2021 | $25,822 -4.5% | $1,067,000 -5.4% |
| 2020 | $27,029 -11.9% | $1,127,990 -12% |
| 2019 | $30,690 | $1,281,810 -0.4% |
| 2018 | $30,690 +6.7% | $1,287,410 +16.6% |
| 2017 | $28,767 +13% | $1,103,970 +29.9% |
| 2016 | $25,449 +20.6% | $850,100 +10.1% |
| 2015 | $21,109 +10.5% | $772,000 +8.7% |
| 2014 | $19,100 +6.3% | $710,240 +11.3% |
| 2013 | $17,974 +75.3% | $638,050 +74.8% |
| 2012 | $10,254 +0.7% | $364,970 +2% |
| 2011 | $10,181 -27.9% | $357,700 -34% |
| 2010 | $14,118 +1% | $541,660 -4.3% |
| 2009 | $13,983 +3% | $565,840 -5.4% |
| 2008 | $13,582 -10.8% | $598,030 -10.9% |
| 2007 | $15,228 -6% | $671,020 +4.1% |
| 2006 | $16,206 | $644,820 +10% |
| 2005 | -- | $586,150 +49.4% |
| 2004 | $10,718 +13.2% | $392,420 +16.6% |
| 2003 | $9,472 +14.4% | $336,510 +14.5% |
| 2002 | $8,282 +10.2% | $293,930 +10% |
| 2001 | $7,515 +4.2% | $267,210 |
| 2000 | $7,209 | -- |
Find assessor info on the county website
Neighborhood: Hollywood Lakes
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Nearby schools
GreatSchools rating
- 4/10Hollywood Central Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Olsen Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10South Broward High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$2,100,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,100,100
- Florida
- Broward County
- Hollywood
- 33020
- Hollywood Lakes
- 1621 Van Buren St
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