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MLS # :A11899548 |
Price :$995,000 |
Status :
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Listing Date :Oct 20, 2025 |
Square Footage :Not Available |
County :Broward County |
Square Footage :Not Available |
Year Built :1949 |
Taxes :$10,212 Per Year |
Waterfront :No |
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Remarks :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. |
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Call: 305-998-9922
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