North Hollywood Hollywood, FL 33020

FOR SALE - Active
$2,000,000
Studio
Beds
6,363
Sq.Ft.

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 20,638 ft2/1,917.33 m2
  • Price Per: $96.91 ft2/$1,043.12 m2
  • Type: Multifamily
  • Built: 1949
  • HOA: No info
  • MLS Number: A11663667
  • View No info
  • On Site: 64 days
  • Updated: Listing Refreshed: 64 Days Ago

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.

Price History

DateEventPriceChange RatePrice Per
09/26/2024Listed$2,000,000.00$96.91 ft2/$1,043.12 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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