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Bedrooms
full Bathrooms
8283 Square Feet
Commercial Sale Type
About This Property
The Subject property is a fully approved, shovel-ready 9-unit multifamily development in the heart of Hollywood, Florida. The property features a 1,986± SF duplex on an 8,283± SF lot (PS-1 zoning), currently leased to two tenants generating $5,000/month. Approved plans include a modern 9-unit building, 10 parking spaces, and landscaping designed to meet all city standards. Once stabilized, the project is expected to produce $295k in gross annual income, $222,750 NOI, and a 9.3% cap rate. Located near Downtown Hollywood, Young Circle, and major highways, this is a turnkey opportunity for investors or developers.
Property Features
Location Information
County
Broward County
Section
22
Area
1986
Subdivision
Interior Features
Interior
Cooling
Bedrooms
Floors
Full Baths
Appliances
Heating
Exterior Features
Style
Garage Spaces
Construction/Exterior
Patio / Deck Description
Exterior
Has a Pool
Possession
Lot Size in Acres
Water
Sewer
Lot Size in Sq. Ft.
8283
Has Waterfront
No
Parking Description
View
Has Garage
No
Additional Information
Roof/Attic
Senior Community
No
Other Utilities
Property Type
Commercial Sale
Pets
Property SubType 2
Income/MultiFamily
Tax Year
NA
Year Built
1949
Tax Amount
$10212
APN
NA
Square Feet Source
NA
Map
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$995000