Home » Properties » 1711 Buchanan St, Hollywood FL 33020

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1711 Buchanan St, Hollywood FL 33020 - Quadruplex Income Property

Fourplex in Hollywood Lakes with four 1-bed/1-bath units, fully occupied, generating $5,200 monthly income. Zoned FH2 with redevelopment potential.

$799,000

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MLS #A11619140

Listing Updated: 2026-07-16 18:41:34

Listed By: Fausto Commercial Realty Consultants Inc

Overview

Located in the desirable Hollywood Lakes neighborhood east of US-1, 1711 Buchanan St offers a rare opportunity to own a fully occupied fourplex. Built in 1951, this residential income property features four one-bedroom, one-bath units totaling 1,561 sqft. Currently generating $5,200 per month in rental income, the property holds potential for increased revenue by adjusting rents to market rates. The single electric and water meter setup simplifies management. Zoned FH2, the lot allows for redevelopment of up to 22 residential units with a height of up to 14 stories, making it attractive for future development possibilities.

Property Highlights

Four 1-bed/1-bath units, fully occupied, $5,200 monthly income, FH2 zoning, redevelopment potential up to 22 units, 14 stories max, located in Hollywood Lakes.

Property Details

City: Hollywood

State: FL

Zip Code: 33020

Address: 1711 Buchanan St, Hollywood FL 33020

Year Built: 1951

Property Type: Residential Income

Property Sub Type: Quadruplex

Listing Office Name: Fausto Commercial Realty Consultants Inc

County: Broward County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $2,089

Days On Market: 740 Days

Original Listing Description

Best fourplex deal in East Hollywood! Introducing 1711 Buchanan St, an exceptional fourplex in the desirable Hollywood Lakes, East of US-1. This property features four 1-bed/1-bath units, all currently fully occupied and generating $5,200 a month in income, with potential for even more by adjusting rents to market rates. The property has one electric and water meter. Additionally, this property sits on an FH2 zoned lot, allowing for potential redevelopment of up to 22 residential units up to 14 stories high.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

1711 Buchanan St, Hollywood FL 33020

About This Neighborhood

Hollywood Lakes is a well-regarded neighborhood known for its residential charm and proximity to major thoroughfares like US-1. The area offers a mix of established homes and rental properties, attracting a diverse community. Its location provides convenient access to local amenities, parks, and recreational areas, making it a favorable place to live and invest in Hollywood.

Walkability & Lifestyle

The property’s location offers good walkability to local shops, restaurants, and parks. Residents can enjoy nearby recreational areas and easy access to transportation routes. The neighborhood’s layout supports daily errands and leisure activities within a short distance, enhancing convenience and lifestyle quality.

Things To Do Nearby

Hollywood Lakes provides residents with access to waterfront parks, dining options, and entertainment venues. Outdoor enthusiasts can enjoy boating, fishing, and beach activities nearby. The community’s proximity to cultural and recreational amenities ensures a balanced lifestyle with plenty of options for leisure and socializing.

Nearby Schools

Hollywood Lakes residents benefit from access to a range of educational institutions within reasonable distances. Families and renters appreciate the convenience of nearby schools offering various grade levels, contributing to the neighborhood’s appeal for long-term residents seeking quality education options.

Why Buyers Like This Area

Buyers appreciate Hollywood Lakes for its blend of residential comfort and development opportunities. The neighborhood’s accessibility, established community, and zoning flexibility make it attractive for those seeking stable rental income and potential future growth. Its location east of US-1 adds to its convenience and appeal.

Investment Potential

This fourplex in Hollywood Lakes offers solid rental income with all units currently leased, generating $5,200 monthly. The FH2 zoning allows for significant redevelopment potential, including up to 22 residential units up to 14 stories, appealing to buyers interested in long-term growth and development opportunities. Its location east of US-1 enhances desirability, making it a noteworthy option for investors considering both income and future expansion.

Market Trends

The Hollywood real estate market continues to attract attention due to its strategic location and diverse housing options. Demand for multi-family properties remains steady, particularly in neighborhoods like Hollywood Lakes. Inventory levels support buyers seeking income properties with redevelopment potential, reflecting a balanced market that favors thoughtful investment decisions.

Rental Income Potential

With all four units currently leased, this property generates $5,200 in monthly rental income. The single electric and water meter setup simplifies utility management. The location and unit configuration appeal to tenants seeking affordable, convenient housing in Hollywood Lakes, supporting consistent occupancy and rental demand.