Interior
- Bathrooms
- 0
- Living area
- 1,871 sq ft
- Flooring
- Other
- Cooling
- Electric
- Heating
- Electric
- Interior features
- Main Living Area Entry Level
Active · Condominium
$1,800,000
1942 Buchanan Street, Hollywood, FL 33020
- Beds
- —
- Baths
- 0
- Living area
- 1,871 sq ft
- $ / sq ft
- $962/sq ft
- Year built
- 1953
- Lot size
- 10,909 sq ft
- HOA fee
- —
- Annual tax
- $10,967
About this property
This listing features 3 separate buildings, offering an exceptional multi-family investment opportunity in one of Hollywood's most sought-after areas. The first building is a duplex with two spacious units: a 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. The second is a standalone unit with flexible development potential, ideal for conversion into a one-bedroom or studio. The third is an unfinished fourplex featuring four 2-bedroom/1-bath units, currently in the late stages of development and pending a certificate of occupancy. Don't miss this fantastic opportunity to own a multi-family property in one of the best areas of Hollywood.
Property location
Get Directions1942 Buchanan Street, Hollywood, FL 33020
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1953
- Stories
- 2
- Lot size
- 10,909 sq ft
- Architectural style
- One Story, Two Story, Split Level, Fourplex
- Roof
- Composition, Shingle
- Construction
- CBSConcrete Block Structure, Block, Stucco
- Exterior features
- Fence, None
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Pets allowed
- No
- Annual tax
- $10,967
- Subdivision
- HOLLYWOOD
- County
- Broward
- Days on market
- 178
- MLS listing ID
- B26014458
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$3,011
- Cap rate
- 3.7%
- Net yield
- 3.7%
- Cash-on-cash return
- -7.2%
- Gross yield
- 5.5%
- Mortgage payment
- $8,533/mo
- Down payment
- $450,000
- Loan amount
- $1,350,000
- Annual NOI
- $66,267
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.