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$2,750,000
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Property Description
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.
Full Property Details
Full Property Details for 2414 Johnson St #1-17
General
- Sold For: $2,750,000
- Taxes: $59,457
- Status: Closed
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11801215
- Added to Site: 283 day(s) ago
Business
- Business Type: Apartments
Rental Information
- Lease/Rent Term: 1 To 3 Year Lease
Interior
- Flooring: Tile, Vinyl
Parking
- Parking Features: Assigned
Location
- County: Broward County
Community
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall/Window Units
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Built-Up
- Stories/Levels: 2
- Building Size: 7623
- Year Built: 1956
Unit Information
- Units in Complex: 3
Lot Features
- Lot Size (Acres): 0.48
- Lot Size (Sq. Ft.): 20,970
- Potential Use: Investment
- Zoning: RM-18
Financial Considerations
- Operating Expenses: $88,237
- Tax Amount: $59,457
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Rent Rolls
- Legal Description: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 29 BLK 13
- Property ID: 514216015140
Listed by Fausto Commercial Realty Consultants Inc
Sold by Compass Florida, LLC
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Schools
Schools serving 2414 Johnson St #1-17
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Oakridge Elementary School 1507 North 28th Avenue, Hollywood, FL 33020 | K-5 | 0.6 mi |
Olsen Middle School 330 Southeast 11th Terrace, Dania Beach, FL 33004 | 6-8 | 1.6 mi |
South Broward High School 1901 North Federal Highway, Hollywood, FL 33020 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2414 Johnson St #1-17
Date
Details
Price
Change
Source
7/02/2025
Sold
$2,750,000
-5.17%
MLS
5/14/2025
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2414 Johnson St #1-17, Hollywood, FL 33020 (MLS# A11801215) is a Apartment property that was sold at $2,750,000 on July 02, 2025. Want to learn more about 2414 Johnson St #1-17? Do you have questions about finding other Apartment real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

