Overview
- Updated On:
- March 21, 2025
Description
22 unit building in the heart of Hollywood with additional value add potential! 8 two bedrooms units and 14 one bedroom units has a monthly income of $37,600, net operating income (NOI) of $306,285 and a cap rate of 6.96%.Building has 22 parking spaces with additional street parking, gated entry, coin laundry and security cameras. Additionally, this property sits on a DH-3 zoned lot, allowing for huge potential redevelopment. Located in the Dixie Highway Mixed Use District, property can be up to 10 stories or max 140 Ft. Potential use as Retail, Hotel, Multi-Family or Mixed Use making it an attractive option for investors looking to capitalize on future growth opportunities in the area.
Address: 2000 Buchanan St, Hollywood FL 33020
City: Hollywood
State/County: Broward County
Zip: 33020
Open In Google Maps
Property Id : 332931
Price: $ 4,400,000
AssociationFeeFrequency: Monthly
BuildingAreaUnits: Square Feet
BuildingName: BONNIE VILLA APTS CO-OP
CoListAgentDirectPhone: 954-553-8711
CoListAgentEmail: florencesells@yahoo.com
CoListAgentFullName: Florence Khan
CoListAgentKey: 77cf616d23d586c20dfdc957033e4caf
CoListAgentMlsId: 553758
CoListAgentOfficePhone: 954-967-6767
CoListAgentStateLicense: 553758
CoListOfficeKey: 820f1064f17b8827c79876979976844f
CoListOfficeMlsId: KHAN01
CoListOfficeName: Reaction Realty Group, Inc.
ConstructionMaterials: CBS Construction
ContractStatusChangeDate: 2025-03-19
Cooling: Ceiling Fan(s),Wall/Window Unit(s)
DaysOnMarket: 1
Directions: Google Maps
DocumentsAvailable: Deposit - Security,Copy Of Lease(S),Service Contracts
Flooring: Ceramic Floor,Vinyl
Heating: Window/Wall
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: A-Miami Association of REALTORS
ListAgentDirectPhone: 954-444-6969
ListAgentEmail: jamesbuysandsells@gmail.com
ListAgentFullName: James Rinehart
ListAgentKey: b252e265206f6985d6acde6168a4ff30
ListAgentMlsId: 3078952
ListAgentOfficePhone: 954-967-6767
ListAgentStateLicense: 3078952
ListOfficeFax: 954-241-6814
ListOfficeKey: 820f1064f17b8827c79876979976844f
ListOfficeMlsId: KHAN01
ListOfficeName: Reaction Realty Group, Inc.
ListOfficePhone: 954-967-6767
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2025-03-19
ListingId: A11766910
ListingKeyNumeric: 408805023
ListingTerms: All Cash,Conventional
LivingAreaUnits: Square Feet
LotFeatures: Less Than 1/4 Acre Lot
LotSizeUnits: Square Feet
MIAMIRE_TypeofAssociation: Other
Other Features
Has Cooling System
Has Heating System
Home Owners Association
$ 22,559.67
per month- Principal and Interest
- Property Tax
- HOA fee
$ 17,059.67
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