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N/A, Hollywood, FL – $2,000,000

  • $2M Price
  • 244 DOM
  • $2M Price
  • 244 DOM

(Undisclosed Address)

Extraordinary opportunity to develop a picturesque multi-family project, up to 57 units. This half-acre land currently resides in the DH-3 zoning area, Dixie Highway High Intensity Multi-Family District, with the potential to build a 140 ft, modernly designed, apartment building. Based on architectural data, the build can comfortably configure Studios, 1 and 2 Bedroom apartments, with the flexibility to organize between 30-57 units. Hollywood is the perfect multi-family investment location as it’s near excellent restaurants, shopping, a hospital, the Ft Laud/Hollywood International airport, Downtown, I-95, beaches. Fort Lauderdale and Miami making this a high demand area for prospective tenants. Property grosses $6K/m in rent currently but is being sold as is for land value. TEXT FOR APPT.

Essential Information

  • MLS® #A11663667
  • Price$2,000,000
  • Bathrooms0.00
  • Year Built1949
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StyleFourplex
  • StatusActive

Community Information

  • AddressN/A
  • Area3050
  • SubdivisionNORTH HOLLYWOOD
  • CityHollywood
  • CountyBroward
  • StateFL
  • Zip Code33020-2427

Amenities

  • UtilitiesCable Not Available

Interior

  • InteriorCeramic Tile
  • HeatingOther
  • CoolingOther
  • # of Stories1
  • StoriesOne

Exterior

  • RoofAluminum
  • ConstructionBlock

Additional Information

  • Listing Courtesy ofPlatinum Ocean Realty, LLC.
  • Date ListedSeptember 26th, 2024
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