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1901 Johnson St, Hollywood FL 33020,Hollywood,Broward County,Commercial Sale

  • $3,700,000
Commercial Sale Active
1901 Johnson St, Hollywood FL 33020
Commercial Sale Active
1901 Johnson St, Hollywood FL 33020
  • $3,700,000

Overview

  • Income/MultiFamily
  • Property Type
  • 1975
  • Year Built

Description

Seller financing available! Fausto Commercial is pleased to present 1901 Johnson st, a rare & large 14 unit gem just a few minutes away from Young Circle. This property has a total of 14 spacious apartments, including (7) 2 bd units, (3) 1 bd units and (4) studios. All apartments are equipped with central AC units and beautiful new impact windows. The property is currently being master leased with the lease ending January 31st 2024 with option for renewal. The property also features a stunning pool deck, seating areas, security cameras, laundry facility and 14 dedicated parking spaces. All units are extremely large and have the option to be converted for more bedrooms.

Details

Updated on November 21, 2023 at 7:54 pm
  • Price: $3,700,000
  • Year Built: 1975
  • Property Type: Income/MultiFamily
  • Property Status: Commercial Sale

Additional details

  • PublicSurveyRange: 51
  • ShowingInstructions: Call Listing Agent, Other Showing Instruction
  • ListAgentKey: 1935ebadec8c69d7a6e4620d2dae77a8
  • TaxLegalDescription: NORTH HOLLYWOOD 4-1 B LOT 9, 10 BLK 40
  • OnMarketDate: 2023-10-06
  • ListAgentEmail: elevi@faustocommercial.com
  • ContractStatusChangeDate: 2023-10-06
  • MajorChangeTimestamp: 2023-10-06T20:34:39.713Z
  • Flooring: Other, Tile
  • PhotosCount: 28
  • SubAgencyCompensation: 2%
  • Cooling: Central Individual A/C, Other
  • StatusChangeTimestamp: 2023-10-06T20:34:39.713Z
  • SecurityFeatures: Other Fire Protection
  • FinancialDataSource: Owner Provided, Projected Pro-Forma
  • PriceChangeTimestamp: 2023-10-05T00:47:09.477Z
  • ListingKeyNumeric: 387055701
  • MajorChangeType: New
  • ListingContractDate: 2023-10-06
  • ListAOR: A-Miami Association of REALTORS
  • TaxAnnualAmount: 34457
  • ListOfficeName: Fausto Commercial Realty Consultants Inc
  • OriginatingSystemKey: miamire
  • BusinessType: Commercial/Residential Income
  • DualVariableCompensationYN: no
  • PhotosChangeTimestamp: 2023-10-06T20:36:50.985Z
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 9547437594
  • MlsStatus: Active
  • StreetNumber: 1901
  • ListingKey: 0e49696c0625332a55dda9e24488a074
  • StateOrProvince: FL
  • ShowingContactType: Agent
  • ListOfficeKey: 7cfc112ff185580637392301ab94285c
  • BridgeModificationTimestamp: 2023-10-06T20:41:23.585Z
  • ListAgentFullName: Elior Levi
  • Roof: Other, Tar & Gravel Roof
  • ParkingTotal: 14
  • ListAgentOfficePhone: 9547437594
  • Stories: 2
  • ParcelNumber: 514203105300
  • ListingTerms: Cash, Conventional/Refinance, Owner Will Carry
  • SignOnPropertyYN: no
  • OtherExpense: 0
  • Possession: Funding, Other
  • IDXParticipationYN: yes
  • InternetAddressDisplayYN: yes
  • ListAgentMlsId: 3574869
  • StoriesTotal: 2
  • ModificationTimestamp: 2023-10-06T20:34:39.713Z
  • OriginatingSystemID: miamire
  • DaysOnMarket: 0
  • BuyerAgencyCompensationType: %
  • NetOperatingIncome: 264000
  • ListOfficeMlsId: FAUS01
  • ListAgentDirectPhone: 954-743-7594
  • StreetNumberNumeric: 1901
  • ParkingFeatures: Assigned, Other
  • PostalCodePlus4: 3568
  • NumberOfUnitsInCommunity: 14
  • Sewer: Other, Public Sanitation
  • ExpirationDate: 2023-12-04
  • SyndicationRemarks: Fausto Commercial is pleased to present 1901 Johnson st, a rare & large 14 unit gem just a few minutes away from Young Circle. This property has a total of 14 spacious apartments, including (7) 2 bd units, (4) 1 bd units and (3) studios. All apartments are equipped with central AC units and beautiful new impact windows. The property is currently being owner-utilized as a Residential Health Facility, it will be delivered vacant, offering remarkable flexibility. The projected gross proforma income exceeds an impressive $264, 000 which is over a 7% Cap rate at asking price. The property also features a stunning pool deck, seating areas, security cameras, laundry facility and 14 dedicated parking spaces. All units are extremely large and have the option to be converted for more bedrooms.
  • Heating: Central Individual A/C, Other
  • ListAgentStateLicense: 3574869
  • PublicSurveyTownship: 51
  • ListOfficeFax: 305-675-0365
  • ListingAgreement: Exclusive Right To Sell
  • ListingId: A11464188
  • SpecialListingConditions: Sale
  • NumberOfBuildings: 1
  • OriginalListPrice: 3700000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: yes
  • BuyerAgencyCompensation: 2%
  • InternetAutomatedValuationDisplayYN: yes
  • BuildingFeatures: Landscaped, Laundry Facilities, Pool
  • OriginalEntryTimestamp: 2023-10-06T20:34:39.713Z
  • SourceSystemKey: 387055701
  • LotFeatures: Corner Lot
  • DocumentsAvailable: Aerial Photo(S), Investment Analysis, Other Available Information
  • ConstructionMaterials: Other
  • LotSizeSquareFeet: 14974
  • Electric: Other Electric, Separate Meters
  • InternetConsumerCommentYN: yes
  • BuildingAreaTotal: 11931

Address

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  • Address Johnson St
  • City Hollywood
  • State/county Broward County
  • Zip/Postal Code 33020

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