$2,750,000
SOLD JUL 2, 2025

2414 Johnson St Hollywood, FL 33020

North Central Hollywood Neighborhood
-- Bed
-- Bath
7,623 Sq Ft
1956 Built

Recently Sold

$361 Per Sq Ft

5% Below List Price

49 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 4-minute walk to Lincoln Park
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of July 2025

Fausto Commercial proudly presents this 17-unit apartment complex located at 2414 Johnson St. in Hollywood, FL. The property consists of 3 two-bedroom/one-bath units, 6 studios, and 8 one-bedroom/one-bath units. Currently underperforming with 4 vacancies, the property presents a significant value-add opportunity. With professional management and full occupancy, the projected cap rate exceeds 8%, making this an exceptional opportunity for a savvy investor. Sitting on a large 21,000 sq ft lot, the site also offers potential for redevelopment into approximately 40 units. Located just minutes from Young Circle, Hollywood Beach, restaurants, and I-95, the property offers strong tenant appeal in a high-demand rental market.

Last Agent to Sell the Property

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869 Listed on: 05/14/2025

Last Buyer's Agent

Ann McQueen

Elite Coastal Properties LLC License #3041716

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $59,457

Year Built

  • Built in 1956

Parking

  • 17 Parking Spaces

Home Design

  • Quadruplex
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,623 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $166,500
  • Rent includes electricity, hot water, gardener, rent incl, sewer, trash collection, water
  • Assessor Parcel Number 514216015140

Community Details

Overview

  • No Home Owners Association
  • Hollywood Little Ranches Condos
  • Hollywood Little Ranches Subdivision

Building Details

  • Operating Expense $88,237
  • Net Operating Income $92,663

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$59,457

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HOLLYWOOD LITTLE RANCHES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 7623
  • Possible Use: Investment
  • Stories: 2

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 LITTLE RANCHES
  • Total Parking Spaces: 17

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514216015140
  • Zoning: RM-18

Rental Info

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

Multi Family

  • Net Operating Income: 92663
  • Number Of Units In Community: 1
  • Number Of Units Total: 17
  • Annual Operating Expense: 88237
  • Total Actual Rent: 166500

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 59457

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Sold $2,750,000 -5.2% $361 / Sq Ft
05/14/2025 05/14/25 For Sale $2,900,000 -- $380 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Elior Levi

    Seller's Agent in 2025

    Elior Levi

    Fausto Commercial Realty Consultants Inc

    (954) 743-7594

    5 in this area

    44 Total Sales

    Section Image

  • A

    Buyer's Agent in 2025

    Ann McQueen

    Elite Coastal Properties LLC

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11801115

MIAMI REALTORS® MLS

APN: 51-42-16-01-5140

Florida Broward County Hollywood 33020 North Central Hollywood

2414 Johnson St, Hollywood, FL

This home is located at 2414 Johnson St, Hollywood, FL 33020 and is currently priced at $2,750,000, approximately $360 per square foot. This property was built in 1956. 2414 Johnson St is a home located in Broward County with nearby schools including Oakridge Elementary School, Olsen Middle School, and South Broward High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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