$1,650,000
SOLD AUG 27, 2025
-- Bed
-- Bath
6,880 Sq Ft
1979 Built

Recently Sold

$240 Per Sq Ft

8% Below List Price

56 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of August 2025

Rare opportunity to acquire this fully occupied 8-unit apartment building in the heart of Downtown Hollywood at 2237 Taylor St. The property features seven spacious 2-bed/2-bath units and one oversized 1-bed/2-bath unit — each approximately 860 sq ft, offering exceptional living space.
Fully renovated with brand-new flooring, kitchens, appliances, bathrooms, fresh paint, impact windows and doors, a 2017 roof, and PVC plumbing throughout.
Generates a current NOI of $133,000, providing an attractive 7%+ cap rate from day one.
Situated on an oversized 20,000 sq ft lot with ample parking and redevelopment potential for approximately 37 units. Walking distance to Young Circle, restaurants, and bars, and just a few minutes’ drive to the beach — an unbeatable investment in a high-demand area.

Last Agent to Sell the Property

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869 Listed on: 07/02/2025

Last Buyer's Agent

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869 Listed on: 07/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,000

Year Built

  • Built in 1979

Lot Details

  • Property is zoned DH-2

Parking

  • 15 Parking Spaces

Home Design

  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,880 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hollywood Place Condomini Subdivision

Listing and Financial Details

  • Rent includes hot water, gardener, rent incl, pest control, sewer, trash collection, water
  • Assessor Parcel Number 514216GH0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,000

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1979
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HOLLYWOOD PLACE CONDOMINI
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 6880
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Built-Up
  • Construction Type: Concrete Block Construction, CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD PLACE CONDOMINI
  • Total Parking Spaces: 15

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514216GH0010
  • Zoning: DH-2

Rental Info

  • Rent Includes: Hot Water, Gardener, Other Rent Incl, Pest Control, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 25000

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2025
Closed on
Aug 27, 2025
Sold by
Acs 2237 Llc
Bought by
2237 Taylor Llc
Seller's Agent
Elior Levi
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Elior Levi
Fausto Commercial Realty Consultants Inc
List Price
$1,800,000
Sold Price
$1,650,000
Premium/Discount to List
-$150,000
-8.33%
Views
6
Current Estimated Value
$593,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,056,667
Avg. Annual Appreciation
-91.75%

Purchase Details

Closed on
May 15, 2019
Sold by
Condor Properties Llc
Bought by
Acs 2237 Llc

Purchase Details

Closed on
Jun 21, 2016
Sold by
Frenandez Fabian and Fernandez Romina Falzone
Bought by
Hollywood Place 1234 Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,650,000 Priority Title
Warranty Deed $962,500 Attorneys Signature Ttl Pllc
Warranty Deed $375,000 Attorney
Warranty Deed -- Acc Title Services Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2025 08/27/25 Sold $1,650,000 -8.3% $240 / Sq Ft
07/02/2025 07/02/25 For Sale $1,800,000 -- $262 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,223 $136,470 $13,650 $122,820
2025 $3,266 $138,640 $13,860 $124,780
2024 $3,100 $138,640 $13,860 $124,780
2023 $3,100 $130,800 $13,080 $117,720
2022 $2,819 $119,370 $0 $0
2021 $2,588 $108,520 $10,850 $97,670
2020 $2,474 $103,360 $10,340 $93,020
2019 $1,924 $75,780 $7,580 $68,200
2018 $1,822 $72,820 $7,280 $65,540
2017 $1,672 $68,590 $0 $0
2016 $1,597 $62,720 $0 $0
2015 $1,489 $57,020 $0 $0
2014 $1,374 $51,840 $0 $0
2013 -- $47,130 $4,710 $42,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11826032

MIAMI REALTORS® MLS

APN: 51-42-16-GH-0010