2000 Buchanan St ,Apartments for Sale & Rent

2000 Buchanan St for Sale & Rent

Price $6,000,000.00

• Lot size 20500
• Year Build 1962
• Waterfront
• Zip 33020
• Style
• Parking Description
• Pool Yes
• Status Active

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!

BONNIE VILLA APTS CO-OP UNIT 1

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!

City:Hollywood,Zoning:DH-3,List A O R:A-Miami Association of REALTORS,Latitude:26.0167642,List Price:6000000,Listing Id:A12109921,Longitude:-80.1473978,Mls Status:Active,Year Built:1962,Postal Code:33020,Street Name:Buchanan St,Coordinates:1:26.0167642,Photos Count:15,Days On Market:4,Lot Size Units:Square Feet,M I A M I R E_ Area:3050,On Market Date:2026-10-16,Parcel Number:514215NN0010,Property Type:Commercial Sale,Street Number:2000,Public Remarks: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!,County Or Parish:Broward County,Expiration Date:2027-03-24,List Office Name:RE/MAX 5 Star Realty,Standard Status:Active,Living Area Units:Square Feet,M I A M I R E_ Last Use:Co-Op Apartment Building,Major Change Type:New,Postal Code Plus4:4039,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:2879,Unparsed Address:2000 Buchanan St, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,Building Area Total:14550,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:20500,M I A M I R E_ Flood Zone:X,Original List Price:6000000,Public Survey Range:51,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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!,Listing Contract Date:2026-10-16,Originating System I D:miamire,Public Survey Section:15,Showing Instructions:Appointment Only,Call Listing Office,Street Number Numeric:2000,Tax Legal Description:BONNIE VILLA APTS CO-OP UNIT 1,M I A M I R E_ Current Price:6000000,Public Survey Township:51,M I A M I R E_ Total Mortgage:12000000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:22-unit multifamily investment near Downtown Hollywood! Renovated interiors, gated courtyard, on-site laundry & significant rental upside.,M I A M I R E_ Parcel Number M L X:0010,M I A M I R E_ Street View Param:1$26.016746$-80.147398$189.72$13.33$1.00$dIQT6IFGXPOY1nI1Nb5RqQ,Contract Status Change Date:2026-10-16,Internet Address Display Y N:1,Number Of Units In Community:22,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Agent Alternate Phone:954-453-1000,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:2000 Buchanan St,