$2,300,000

1621 Van Buren St Hollywood, FL 33020

$10,000
Closing credit¹
5,058 sqft
$455 / sqft
Multi-Family

Property details

About 1621 Van Buren St

Fausto Commercial is proud 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

Home typeQuadruplex
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Size5,058 sqft
Year built1937
MLS #A11800214

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: (954) 743-7594
  • Office Email: cfm@faustocommercial.com
  • Listing Agent: Elior Levi

IDX © 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: 5/29/2025, 1:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1621 Van Buren St, Hollywood, FL 33020 - mediterranean / spanish-style home with stucco siding

$2,300,000

1621 Van Buren St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,956. Most Hollywood, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

35%
<35k
42%
35k-100k
17%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

57%
Single, No Kids
9%
Single, with Kids
19%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
53%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolvoVolvo
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

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.

Over 7 listings were sold over their listed price in April 2025 in Hollywood, FL. In the same period over 88 listings were sold below the listed price and 28 listings were sold for the listed price. The number of homes for sale in Hollywood, FL increased by 7.1% between March and April 2025. Listings spent 74 days on the market in April 2025, and had a median list price of $495,654 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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