Introducing 2302 Taylor St, a fully renovated 6-unit multifamily property just 2 minutes from downtown Hollywood’s vibrant Young Circle. This exceptional investment features two buildings with a versatile mix of units: a 2-bed/2-bath, a 2-bed/1-bath, three 1-bed/1-bath units, and a spacious studio unit. Each unit boasts modern upgrades with new appliances and included furniture, offering a turnkey opportunity.
The property includes a coin laundry room for additional income and sits on a spacious 10,000 sqft lot zoned for redevelopment, allowing up to 24 units. With proximity to restaurants, shopping, and the beach, it’s a highly desirable location. At full occupancy, it can generate approximately $132K annually at market rents, making it an attractive addition to any portfolio.
2302 Taylor St, Hollywood, FL, 33020
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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