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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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2000 Buchanan St , Hollywood, FL 33020
$6,000,000
Est. Payment: $32,031.29/mo
14550 Sqft
0.47 Acres
Status: active | Days on site: 4
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House Description

22-unit multifamily investment opportunity just north of Downtown Hollywood! Offered at $6,000,000, this property features 14 one-bedroom and 8 two-bedroom apartments totaling approximately 14,550 SF of rentable unit area. The majority of unit interiors have been renovated, with updated flooring, lighting, ceiling fans, and select upgraded kitchens. Property features a gated landscaped courtyard, outdoor seating, on-site coin laundry, and off-street parking. Currently 72.7% occupied with 16 of 22 units leased, generating $346,752 in annualized rental income. Significant value-add potential through leasing six vacant units and bringing rents to projected market levels. Pro forma NOI of $312,063 and projected 5.20% cap rate. Conveniently located near Downtown Hollywood, Young Circle, University Station, Hollywood Beach, US-1, and I-95. Excellent opportunity in a growing South Florida market!

Highlights

Listed by John DeMarco , 954-453-1000 RE/MAX 5 Star Realty , 954-361-0000. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.47

Year Built

1962

County

Broward

Area

3050

Listing ID

A12109921

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Interior Features

Exterior Features

Zoning:DH-3
Principal Interest
$32,031
Taxes
$240

Home Price

$6,000,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$1,200,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$32,031.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $32,031.29 $239.92 $0.00 $32,271.20
Yearly $384,375.46 $2,879.00 $0.00 $387,254.46
Total $11,531,263.74 $86,370.00 $0.00 $11,617,633.74

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-03T13:07:59.000Z

© 2026 REALTOR Association of Greater Miami and the Beach