Fausto Commercial proudly presents this 17-unit apartment complex located at 2414 Johnson St. in Hollywood, FL. The property consists of 3 two-bedroom/one-bath units, 6 studios, and 8 one-bedroom/one-bath units. Currently underperforming with 4 vacancies, the property presents a significant value-add opportunity. With professional management and full occupancy, the projected cap rate exceeds 8%, making this an exceptional opportunity for a savvy investor. Sitting on a large 21,000 sq ft lot, the site also offers potential for redevelopment into approximately 40 units. Located just minutes from Young Circle, Hollywood Beach, restaurants, and I-95, the property offers strong tenant appeal in a high-demand rental market.
Sold for $2,750,000
$2,750,000
2414 Johnson St, Hollywood, FL 33020
20beds
17baths
7,623sqft
Quadruplex
Built in 1956
-- sqft lot
$2,729,300 Zestimate®
$361/sqft
$1,892 Estimated rent
Home value
$2,729,300
$2.43M - $3.06M
$1,892/mo
Zestimate® history
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$1,892/mo
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$1,892/mo
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$19,303/mo
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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#: A11801115
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 17
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Tile, Vinyl
Interior area
- Total structure area: 7,623
- Total interior livable area: 7,623 sqft
Property
Parking
- Total spaces: 17
Features
- Stories: 2
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 514216015140
- Zoning: RM-18
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction, CBS Construction
- Roof: Built-Up
Condition
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Hollywood Little Ranches
HOA
- Has HOA: No
Location
- Region: Hollywood
Financial & listing details
- Price per square foot: $361/sqft
- Annual tax amount: $59,457
- Date on market: 5/14/2025
- Listing terms: All Cash,Conventional
- Total actual rent: 166500
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2025 | Sold | $2,750,000-5.2%$361/sqft |
Source:  MIAMI #A11801115 Report a problem | ||
| 5/14/2025 | Listed for sale | $2,900,000$380/sqft |
Source: MIAMI #A11801115 Report a problem | ||
| 11/16/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 11/7/2022 | Price change | $1,950+34.5% |
Source: Zillow Rental Network_1 #A11299331 Report a problem | ||
| 11/3/2022 | Price change | $1,450-3.3% |
Source: Zillow Rental Network_1 #A11292623 Report a problem | ||
| 10/24/2022 | Listed for rent | $1,500 |
Source: Zillow Rental Network_1 #A11292623 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: North Central
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Nearby schools
GreatSchools rating
- 4/10Oakridge Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Olsen Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10South Broward High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$2,729,300
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
$2,729,300
- Florida
- Broward County
- Hollywood
- 33020
- North Central
- 2414 Johnson St
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