Hollywood
$2,000,000 USD
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| Address | Hollywood |
| Building Name | NORTH HOLLYWOOD |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $2,000,000 |
| Property Status | Active |
| MLS Number | A11663667 |
| Year Built | 1949 |
| Parking Space Number | 10 |
| Folio Number | 514203100850 |
| Zoning Information | DH-3 |
| Days on Market | 388 |
Detailed 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.
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Address Information
| State | Florida |
| City | Hollywood |
| County | Broward County |
| Zip Code | 33020 |
| Zip Code (4 Digits) | 2427 |
Financial Information
| Price | $2,000,000 |
| Price per Foot | $0 |
| Folio Number | 514203100850 |
| Tax Amount | $13,264 |
| Tax Year | 2023 |
| Possession Information | Rental Agreement |
Full Descriptions
| Detailed 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. |
| Roof Description | Aluminum |
| Floor Description | Ceramic Floor |
| Cooling Description | Other |
| Heating Description | Other |
| Sewer Description | Public Sewer |
Property parameters
| Zoning Information | DH-3 |
| Year Built | 1949 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | NORTH HOLLYWOOD |
| Development Name | NORTH HOLLYWOOD |
| Construction Type | CBS Construction |
| Stories Number | 1.000 |
| Parking Space Number | 10 |
| Listed with | Platinum Ocean Realty, LLC. |