We’re pleased to present a rare shovel-ready development opportunity in the heart of Downtown Hollywood. This fully entitled 20,500 SF MC-1 zoned lot comes with approved construction plans and permits for a 3-story, 30-unit multifamily building. The project includes a mix of spacious 1- and 2-bedroom units, a rooftop deck… Read More with open-air pool, landscaped green space with BBQ area, and 42 covered parking spaces plus bicycle parking. With conventional financing, an investor could achieve 111% of Net Investment Return. Located just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, this site offers unbeatable access to restaurants, arts, transit (US-1, I-95), and year-round coastal lifestyle. All reports completed — geotechnical, zoning, site plan approval — allowing a buyer to close with permits in hand and begin construction immediately. Read Less
Courtesy of Trybal Group LLC, Mike Kaplun, 312-927-9724.
Listing Snapshot
Days Online
6
Last Updated
Property Type
Unimproved Land
Lot Size
0.47 Acres
MLS Number
A12056911
30 Days Snapshot Of 33020
$245k
-11%
(avg) sold price
6
-50%
homes sold
93
-48%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
0.47 acres, 20,515 sqft
Property
Zoning: MC-1
Sewer
Public Sewer
Taxes
Annual amount: $17,186
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Trash Removal
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