Nine-Unit Multifamily
For Sale
$1,825,000
615 N 20th, Hollywood, FL 33020
Three-property portfolio with gated rear parking and existing residential improvements.
Property SizeContact for details
Days on Market82
Property Features for 615 N 20th
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$9,585
Listing Agency:
MEDIA REALTY
(954) 923-2325
Listed By:
PETER DACKO III · License #B26035471
Source:
Corcoran
Added: Jun 10
Changed: Aug 29
Last Checked: Aug 29 at 1:05PM
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 MEDIA REALTY
Investment Insights
Based on property information with market context.
This multifamily assemblage combines three Hollywood properties at 1948 Buchanan Street, 1952 Buchanan Street, and 615 North 20th Avenue. The existing improvements contain nine residential units and a rear gated parking area. The portfolio is currently reported at an estimated 5% capitalization rate, providing an operating income component while future plans are evaluated.
Preliminary planning assumptions indicate capacity for approximately 29 to 32 residential units, subject to zoning verification, site planning, parking requirements, utility capacity, and municipal approvals. The properties are positioned in Hollywood’s DH-2 corridor, with proximity to Downtown Hollywood, Young Circle, US-1, beaches, and major employment centers. Seller financing is available to qualified buyers, with terms described as requiring as little as 40% down and offering a below-market interest rate.
Preliminary planning assumptions indicate capacity for approximately 29 to 32 residential units, subject to zoning verification, site planning, parking requirements, utility capacity, and municipal approvals. The properties are positioned in Hollywood’s DH-2 corridor, with proximity to Downtown Hollywood, Young Circle, US-1, beaches, and major employment centers. Seller financing is available to qualified buyers, with terms described as requiring as little as 40% down and offering a below-market interest rate.
Key Highlights
- Nine residential units across 1948 Buchanan Street, 1952 Buchanan Street, and 615 North 20th Avenue
- Estimated 5% in‑place capitalization rate
- Rear gated parking area serves the existing residential improvements
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,378
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three-property portfolio with gated rear parking and existing residential improvements.
Where is this multifamily property located?
The property is located at 615 N 20th Hollywood, FL.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: Nine residential units across 1948 Buchanan Street, 1952 Buchanan Street, and 615 North 20th Avenue; Estimated 5% in‑place capitalization rate; Rear gated parking area serves the existing residential improvements
