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2432 Sherman St, Hollywood, FL, 33020
Remodeled Hollywood Fourplex Near Beach

2432 Sherman St Hollywood, FL 33020

For Sale
$989,000

Fully remodeled fourplex near the beach, ideal for investors.

Days on Market95

Property Features for 2432 Sherman St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1972
Listing Agency: Fidelity Real Estate Group
Listed By: Carlos A Montoya · License #0623048
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 26 at 7:50AM

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 Fidelity Real Estate Group


Investment Insights

Based on property information with market context.

This Hollywood fourplex, remodeled in 2022, is located near the beach. The building comprises two 2-bedroom, 1-bath units and two studio apartments. The remodel included new electric panels, a roof, hurricane impact windows, insulation, and waterproof vinyl flooring. The two-bedroom units have central A/C, while the studios feature split mini A/Cs. All kitchens are equipped with wood cabinets, stainless steel appliances, and quartz countertops. Washer and dryer hookups are available, offering the potential for coin-operated machines to generate additional income. The property is suitable for owner-occupants, investors, or Airbnb ventures. The projected annual gross income is $88,800, with annual expenses of $28,307, including $16,327 in taxes, $600 for landscaping, $5,500 for insurance, $1,080 for water, and $4,800 for electricity. The property has a bike score of 67, indicating it is bikeable, a walk score of 82, indicating it is very walkable, and a transit score of 41, indicating some transit options are available.

Key Highlights

  • Fully remodeled in 2022 with new electric panels, roof, hurricane impact windows, insulation, waterproof vinyl flooring, kitchens, and A/C units.
  • Four units: two 2‑bedroom/1‑bath and two studios.
  • Projected annual gross income of $88,800.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Acupuncture Florist Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Mobile Phone Store Accounting Firm (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fully remodeled fourplex near the beach, ideal for investors.
Where is this quadplex located?
The property is located at 2432 Sherman St Hollywood, FL.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Fully remodeled in 2022 with **new electric panels, roof, hurricane impact windows, insulation, waterproof vinyl flooring, kitchens, and A/C units.**; Four units: two 2‑bedroom/1‑bath and two studios.; Projected annual gross income of $88,800.
More about this property
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