Hollywood, FL 33020,Address not disclosed
Hollywood, FL 33020,Address not disclosed
Hollywood, FL 33020,Address not disclosed
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$ 2,000,000
Est. payment | /mo

6,363 SqFt


$ 2,000,000
Est. payment | /mo

6,363 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,363 sqft

Price per Sqft $314

Subdivision North Hollywood

MLS Listing ID A11663667

Construction Status Resale

HOA Y/N No

Year Built 1949

Annual Tax Amount $13,264

Tax Year 2023

Property Description

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.

Location

State FL

County Broward

Community North Hollywood

Area 3050

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Aluminum

Total Parking Spaces 10

Building

Lot Description Other

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 514203100850

Special Listing Condition Listed As-Is

Listed by Platinum Ocean Realty, LLC.
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