Hollywood

Highlights:

• Prime Development Opportunity: 16,360 SF (0.38-acre) site comprising two adjacent parcels in Downtown Hollywood.
• Approved Site Plan: City approval granted in 2024 for a proposed 29-unit boutique multifamily development.
• Development Potential: Approximately 32,351 SF of proposed building area with modern residential amenities and on-site parking.
• ND-2 Zoning: Located within Downtown Hollywood's urban development district.
• Excellent Location: Minutes from Young Circle, Hollywood Boulevard, restaurants, retail, and entertainment.
• Attractive Investment Opportunity: Offered at $1,500,000 in an established and evolving residential market.

Description:

Exceptional multifamily development opportunity in the heart of Downtown Hollywood! This 16,360 SF (~0.38-acre) property consists of two adjacent parcels with a site plan approved in 2024 for a 29-unit boutique residential development, featuring approximately 32,351 SF of proposed building area. The project is designed to offer modern residences, attractive amenities, and convenient on-site parking, creating an appealing opportunity in a highly desirable urban setting. Strategically located just minutes from Young Circle and Hollywood Boulevard, the property benefits from proximity to a vibrant mix of restaurants, shops, entertainment, and local businesses. With ND-2 zoning and excellent accessibility, the property offers an attractive opportunity to develop a multifamily residential project in a well-connected and increasingly desirable Downtown Hollywood location.

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Listing ID: A12114749