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Hollywood, FL 33020
Property Type
Multi Family
Year Built
1949
Listing courtesy of John DeMarco of RE/MAX 5 Star Realty.
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.
0.19 Acres
Hollywood
A11899548
Hollywood
Multi Family
1949
Multi Family
2
1949
PS-1
Hollywood
florida
Total$5,215.86/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
Hollywood, Florida is a coastal city known for its blend of laid-back beach living, cultural venues, active neighborhoods, and convenient access to both Miami and Fort Lauderdale.
Information is deemed reliable but is not guaranteed and should be independently verified.