$6,000,000

2000 Buchanan, Hollywood FL, 33020

Price per sqftN/A

Built in1962

Property typeCommercial

Courtesy of John DeMarco with RE/MAX 5 Star Realty

Overview

Active

Listed Oct 20, 2026

Updated 9 days ago

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!

Additional information

MLS^® ID: A12109921

Interior Features

Basement: No

Exterior Features

Lot Size: 0.47 Acres

Other Property Details

Taxes: $2,879
Tax Frequency: Annually

Courtesy of RE/MAX 5 Star Realty, John DeMarco,
Listing Contact: 954-453-1000

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/21/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 4:59 AM UTC, 10/21/2026