1857 Buchanan Street

Hollywood, FL 33020

$864,000
Last Sold Price
Beds
3,815 Sq. Ft.
$226 / Sq. Ft.
3,815
Sq. Ft.
$226
per Sq. Ft.

Description

The subject is value add CBS and wood frame 9plex constructed in 1951 and is in good condition with fantastic curb appeal. The property is comprised of 2improvements with a well manicured common courtyard with benches and picnic tables for the enjoyment of tenants. The unit breakdown is (3) two-bdrm apts; (5) one-bedroom aptsv & (1) studio apt. All of the apartments except for one have received upgrades and renovations. The laundry facilities and storage rooms are located at the rear of the property...The subject is value add CBS and wood frame 9plex constructed in 1951 and is in good condition with fantastic curb appeal. The property is comprised of 2improvements with a well manicured common courtyard with benches and picnic tables for the enjoyment of tenants. The unit breakdown is (3) two-bdrm apts; (5) one-bedroom aptsv & (1) studio apt. All of the apartments except for one have received upgrades and renovations. The laundry facilities and storage rooms are located at the rear of the property in the alley. There are 5 electric meters for the subject property and as such ownership pays water, trash, gas and electric. The rental income is not to par with market rates. It is estimated income can be increased 11%. +++Download the Offer Memorandum from the MLS or visit agents website
  1. Listed by Peter Dacko • Media Realty

Property Details for 1857 Buchanan Street

Waterfront
No
LISTING UPDATED: 11/03/2020 12:42 PM

Property Details for 1857 Buchanan Street

StatusClosed Sale
MLS #F10243143
Days on Market74
Taxes$15,752 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi-Family
Year Built1951
Lot Size0.25 AC / 10,915 SF
CountyBroward County

Building Information for 1857 Buchanan Street

Stories-Residences-Year Built1951Building Size-Lot Size0.25 AC / 10,915 SF

Property Information for 1857 Buchanan Street

General Information
General Information
  • Sq Ft Total: 3815
  • Township Range: 5142
  • Street Number Numeric: 1857
  • Street Number: 1857
  • Street Name: Buchanan St
  • County Or Parish: Broward County
  • Postal Code: 33020
  • City and Location Text: Hollywood
  • City Postal ID: 33020
  • Price Per Square Foot: $226
Maintenance / Tax Information
  • Tax Amount: $15,752
  • Tax Year: 2020
Building Information
  • Prop Type-Type of Building: Apartments
  • Property Sq Ft: 10915
  • Property Type: Commercial/Industrial
  • Style of Property: Income Non-Waterfront
  • Subdivision Complex Bldg: Fantastic 9Plex Great Shape
  • Type of Property: Income/Multi-Family
  • Year Built Numeric: 1951
  • Year Built Description: Resale
  • MLS Area: 3050
Virtual Tour / Features / Utilities
Exterior
  • Construction Type: Cbs Construction, Frame With Stucco
  • Construction: Cbs Construction, Frame With Stucco
Waterfront
  • Water Description: Public Water
Utilities
  • Cooling Description: Central Individual A/C, Wall/Window Unit Cooling
  • Heating Description: Central Electric, Wall/Window Units
  • Electric Service: 110 Volts Power
  • Sewer Description: Public Sanitation
Property / Lot Information
Building Information
  • Unit Count: 7
  • Maximum Leasable Sqft: 3815
  • Zoning Information: RMCRA-18
  • Num Buildings: 2
  • Num Floors: 2
  • Num Meters: 5
  • Num Stories: 2
Community Information
  • Association Fee: $0
  • Assoc Fee Paid Per: Monthly
Location Information
  • Area: 3050
  • County Land Code: 8
  • Geographic Area: Hollywood East (3010-3050)
  • Location of Property: Corner Lot
  • Parcel Number Free Text: 514215018660
  • Section: 15
  • State: FL
Lot Information
  • Approximate Lot Size: 10915
  • Environmental Audit: None
  • Lot Square Footage: 10915.0
Multi Family Information
Expense Information
  • Expense Amount: $50,244
Income Information
  • Gross Operating Income: $124,800
  • Gross Scheduled Income: $112,600
  • Net Operating Income: $56,403
  • Occupancy Percentage: 100.00%
  • Vacancy Rate: 5

Property History for 1857 Buchanan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1857 Buchanan Street

Taxable ValueLand-Additions-Total-
Tax Record2020$12,374 ($1,031 / month)
Home Facts
Total Finished SqFt1,688 SqFtAbove Grade Finished SqFt1,688 SqFtStories2Lot Size10,915 SqFtStyleMulti-Family Res (5+ Units)Year Built1951Year Renovated1952ZoningRMCRA-18CountyBROWARDAPN514215018660

Schools near 1857 Buchanan Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Dania Elementary School
PublicPK to 5

Olsen Middle School
Public6 to 8

South Broward High School
Public9 to 12

Beachside Montessori Village
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Media Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.