North Hollywood

$2,000,000

Hollywood, FL 33020

For Sale

Multifamily Duplex / Triplex / Fourplex

Active

Last Updated: 03/20/2025

Details:

Building Size: 20,638 sqft

Units: 1

Year Built: 1949

Floors: 1

Parking Spots: 10

Gross Leaseable Area: 6,363

Offered by Realtor

Alina Sanalati

Platinum Ocean Realty, LLC.

#3077547

Request Info to Unlock

Highlights:

Lot Features: Other Lot Description
Documents Available: None
Architectural Style: Attached
Cooling: Other
Heating: Other
Flooring: Ceramic Floor
Construction Materials: CBS Construction

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.