About 1621 Van Buren Street #1-11
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.
Features of 1621 Van Buren Street #1-11
| MLS® # | A11800225 |
|---|---|
| USD | $2,100,000 |
| CAD | $2,914,569 |
| CNY | 元14,089,320 |
| EUR | €1,817,741 |
| GBP | £1,556,526 |
| RUB | ₽176,670,060 |
| Last Listing Price | $2,300,000 |
| Acres | 0.24 |
| Year Built | 1925 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Closed |
| HOPA | No Hopa |
Community Information
| Address | 1621 Van Buren Street #1-11 |
|---|---|
| Area | 3050 |
| City | Hollywood |
| County | Broward |
| State | FL |
| Zip Code | 33020 |
Amenities
| Parking | On Street, Shared |
|---|
Interior
| Heating | Window/Wall |
|---|---|
| Cooling | Wall/Window Unit(s) |
| # of Stories | 2 |
Exterior
| Roof | Built-Up |
|---|---|
| Construction | CBS |
Additional Information
| Date Closed | December 18th, 2025 |
|---|---|
| Date Listed | May 11th, 2025 |
| Days on Market | 491 |
| Zoning | LT |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 514215023380 |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|