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Sold
Sold on December 18, 2025

1621 VAN BUREN ST

$2,300,000
$2,100,000
0 Beds
0 Baths
5,058 sqft
4 Parkings
Lot size:
-
Annual Tax:
$34,557
Occupancy:
Tenant
Year Built:
1937
Property type:
Multifamily
#MLS:
A11800214

Description

We are pleased to present 1621 Van Buren St, a well-maintained 11-unit multifamily property located east of US1 in the highly desirable Hollywood Lakes neighborhood, just steps from Young Circle. The building includes ten 1-bed/1-bath units and one studio, all with separate electric meters. Spanning 5,058 sq ft on a 10,244 sq ft lot, the property has undergone recent renovations and features a new roof and dedicated parking. At the asking price, it offers a solid going-in cap rate of 6.5%, with the potential to exceed 7% through modest rent increases. Seller financing is available with just 30% down and attractive terms, making this a compelling investment opportunity in a prime redevelopment area with projected pro forma gross income exceeding $225,000.
Fausto Commercial Realty Consultants Inc

Features & Details

Learn about the features and details of 1621 VAN BUREN ST

Property Details

  • Property Type
    Quadruplex
  • Living Area
    5,058 sqft
  • Year Built
    1937
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $34,557
  • List Date
    5/11/2025
  • Updated
    12/19/2025
  • Last Checked
    Recent
  • MLS Number
    #A11800214
  • Brokerage
    Fausto Commercial Realty Consultants Inc
  • Postal Code
    33020
  • Area
    Broward County
  • City
    Hollywood

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $2,300,000
  • Unit Number
    -
  • Construction
    Block
  • Heating
    WallFurnace
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Wall Window Units
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1621 VAN BUREN ST

Real estate trends

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FAQs About 1621 VAN BUREN ST

1621 VAN BUREN ST, MLS® A11800214 has a size of 5058 sqft.

There are bedrooms and bathrooms in this Multifamily at 1621 VAN BUREN ST, MLS® A11800214.

Yes, there is parking available with 4 spot(s).

Annual taxes for this home are $34,557 based on 2024 tax year reports.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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1621 VAN BUREN ST