Mls Number: A11663667
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.
Details
| Mls | A11663667 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 77 |
| Listing Provided By | Platinum Ocean Realty, LLC. | Alina Sanalati |
Features
| Sq Feet | 6,363 |
|---|---|
| Storys | 1 |
| Zoning | DH-3 |
Market Activity 33020
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| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Subarea | Hollywood East (3010 3050) |
| Community Name | NORTH HOLLYWOOD |
| Listing VS Median (in NORTH HOLLYWOOD) | |
Price: $2,000,000 low | high Med: $3,000 SqFt: 6,363 low | high Med: 1,033 $ / SqFt: $314 low | high Med: $3 On Site: 77 low | high Med: 24.000000 | |