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Investment Highlights
- Rare chance to acquire a stabilized seven-unit multifamily portfolio in a high-demand Hollywood, Florida rental market.
- Flexible redevelopment potential with RM-18 zoning that supports increased density and future multifamily expansion.
- Strong in-place cash flow supported by long-term tenants, with immediate upside through rent growth or strategic renovations.
- Well-located near major transportation routes, employment centers, and amenities, enhancing renter demand and long-term value.
Executive Summary
Excellent cash-flow opportunity! Own 5 multifamily units in Hollywood, Florida, sold together with a duplex at 2322 Johnson Street for a total of 7 units and 0.86 acres. The total price for both properties is $1.4M. Successfully running with long-term tenants and upside potential. The unit mix is two studios and three 1/1's in a peaceful, well-maintained neighborhood just 2 miles from I-95. There is a laundry room on site with a coin-operated washer/dryer (leased machines). This property can be enjoyed as-is for an excellent cash flow, or can be redeveloped as single or multifamily with a density of up to 18 du/acre (zoned SR7 RM-18). Please inquire for more information.
Property Facts
| Price | $1,916,306 CAD | Number of Properties | 2 |
| Price / SF | $646.09 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 2,966 SF |
| Sale Type | Investment | Total Land Area | 0.87 AC |
| Status | Active |
| Price | $1,916,306 CAD |
| Price / SF | $646.09 CAD / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 2,966 SF |
| Total Land Area | 0.87 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 411 Columbus Pky, Hollywood, FL 33021 | Multifamily | 2,235 SF | 1959 | - |
| 2322 Johnson St, Hollywood, FL 33020 | Multifamily | 731 SF | 1959 | - |
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7-Unit Multifamily Opportunity
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