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1948 Buchanan St
Hollywood, FL 33020 Royal Poinciana

$1,875,000 USD

Multifamily For Sale • 5,613 SF

Property Details

Property Type Multifamily
Total Building Size 5,613 SF
Lot Size 0.35 AC
Year Built 1962
Cap Rate 4.88 %
Zoning DH-2

30 Transit Score

70 Walk Score

                
                    Highlights
                
                                9plex Located in Downtown Hollywood
                            
                                15,445 SF Cornet Lot Zoned DH-2 Providing Covered Land Paly for up to 26-30 Units 
                            
                                Units Renovated 2017
                            
                                New Roofs 2015-2017

Property Flyers

1948_Buchanan_St_OM_compressed_10000KB

Financial Summary (Actual)

Net Operating Income: $91,416 USD (2025)

Cap Rate:	4.88 %
Total Expenses:	$73,029 USD

Amenities

Garden

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	5 min	-	1.9 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	6 min	-	2.4 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	12 min	-	6.0 mi
Miami International	42 min	-	24.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	11
Type:	Surface
Included in Rent:	Yes

Peter Dacko 954-923-2325 Media Realty

1948 Buchanan St Hollywood, FL 33020 Royal Poinciana