#RX-11079513, John Roddy, Listing office: Serhant
Property details
About 1621 Van Buren St
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.
Highlights
Virtual tour
Summary
- Flooring Type: Other, Vinyl
- Architectural Style: Fourplex
- Heating: Wall Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $2,300,000
- Price/SqFt: $454
- Annual Tax Amount: $30,859
- Tax Year: 2023
- Year Built: 1937
- Stories: 2
- Living Area: 5,058 SqFt
- MLS Number: A11800214
- MLS Name: SEFMIAMI
- Office Name: Fausto Commercial Realty Consultants Inc
- Office Phone: (786) 748-7373
- Office Email: cfm@faustocommercial.com
- Listing Agent: Elior Levi
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/2/2025, 11:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,361,730 | $30,859 |
2022 | $1,137,300 | $27,180 |
2021 | $1,067,000 | $27,180 |
2020 | $1,127,990 | $25,821 |
2019 | $1,281,810 | $28,766 |
2018 | $1,214,360 | $25,449 |
2017 | $1,103,970 | $25,449 |
History based on county public records data.
Nearby schools
9
Hollywood Academy of Arts & Science
Public Charter KG-5
0.1 mi
•1705 Van Buren St
3
Hollywood Central Elementary School
Public District KG-5
0.2 mi
•1700 Monroe St
7
Avant Garde Academy K-5 Broward
Public Charter KG-5
1.2 mi
•2025 McKinley St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,956. Residents of Hollywood, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 1621 Van Buren St
The listing price of 1621 Van Buren St property is $2,300,000.
The property 1621 Van Buren St is a multi located in Hollywood, Florida, 33020.
Active Listing: 1621 Van Buren St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1621 Van Buren St are: Hollywood Academy of Arts & Science (GreatSchools Rating 9/10), Hollywood Central Elementary School (GreatSchools Rating 3/10), Avant Garde Academy K-5 Broward (GreatSchools Rating 7/10), Hollywood Academy of Arts and Science Middle School (GreatSchools Rating 7/10), Beachside Montessori Village (GreatSchools Rating 10/10), Ben Gamla Charter School (GreatSchools Rating 10/10), Avant Garde Academy of Broward (GreatSchools Rating 7/10), South Broward High School (GreatSchools Rating 4/10), Paragon Academy of Technology (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $30,859 (source: MLS/based on county public records data).
The property 1621 Van Buren St is 5,058 SqFt (source: MLS/tax record).
The year of construction for 1621 Van Buren St is 1937.
This home is located at 1621 Van Buren St in Hollywood, FL and zip code 33020 in the Central Business District neighborhood. This 5,058 square foot home was built in 1937. Features: 0 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $2,300,000.
In June 2025, from all listings sold in Hollywood, FL there were more than 5 sold above asking price, over 83 sold below and more than 10 were sold right at the asked price. The number of listings in Hollywood, FL increased by 6.6% between May and June 2025. In June 2025 median list price was $490,000 and the average listing age was 75 days.