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Multi Family - NORTH HOLLYWOOD for Sale

CRAIGHURST, HOLLYWOOD, FL 33020

Asking Price$2,000,000

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  • Days on market:

    304 day(s)
  • Original Price:

    $2,000,000
  • Tax Legal Description:

    NORTH HOLLYWOOD 4-1 B LOT 8 LESS W 16,9,10 BLK 12
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Construction Type:

    Cbs Construction
  • Roof:

    Aluminum
  • Cooling Description:

    Other
  • Heating Description:

    Other
  • Floor Description:

    Ceramic Floor
  • Lot Features:

    Other Lot Description
  • Type of Association:

    None

Description

$2,000,000

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.

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