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Hollywood Multifamily Investment Opportunity
For Sale
$1,800,000

1942 Buchanan St, Hollywood, FL 33020

Three buildings with development potential in Hollywood's prime area.

Property Size1,871 SF
Days on Market129

Property Features for 1942 Buchanan St

General Information

Standard status Active
Size 1,871 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $10,967

Building Details

Building Size 1,871 SF
Year Built 1953
Stories 1
Units 2
Listing Agency: The Keyes Company
Listed By: Angela Dolce · License #3346434
Source: Elliman
Added: Apr 13 Changed: Aug 8 Last Checked: Aug 18 at 6:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company

Investment Insights

Based on property information with market context.

This listing presents a multi-family investment opportunity featuring three separate buildings in Hollywood. The first building is a duplex containing a 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. The second building is a standalone unit with flexible development potential, suitable for conversion into a one-bedroom or studio. The third building is an unfinished fourplex featuring four 2-bedroom/1-bath units, currently in the late stages of development and pending a certificate of occupancy. The location has a bike score of 69, indicating it is bikeable, a walk score of 67, indicating it is somewhat walkable, and a transit score of 41, indicating some transit options are available.

Key Highlights

  • Multi‑family investment opportunity in a desirable Hollywood location.
  • Three separate buildings included in the listing.
  • Existing duplex featuring a 3‑bedroom/2‑bath unit and a 2‑bedroom/1‑bath unit.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant Tanning Salon Farmer's Market Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,547
Businesses Nearby

Demographics for 33020, FL

45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three buildings with development potential in Hollywood's prime area.
Where is this multifamily property located?
The property is located at 1942 Buchanan St Hollywood, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Multi‑family investment opportunity in a desirable Hollywood location.; Three separate buildings included in the listing.; Existing duplex featuring a **3‑bedroom/2‑bath unit and a 2‑bedroom/1‑bath unit.**
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