About This Property

The subject property is an 8-unit multifamily investment opportunity located in the rapidly growing Hollywood rental market.The property consists of two adjacent apartment buildings situated on a 16,349 SF development site currently generating strong in-place rental income with additional upside through future rental increases, continued renovations, and operational improvements. Several units have been updated with renovated interiors while the property benefits from strong tenant demand and a central location near Downtown Hollywood, Young Circle, Federal Highway, Dixie Highway, I-95, and Hollywood Beach. The site also presents significant redevelopment potential with the ability to build approximately ±85 units under the Live Local Act.

Key Features

• 16,379 SquareFeet Lot
• Built in 1956

Property Details

• Type: Single Family Home
• Year Built: 1956
• Lot Size: 16,379 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 16,379 SquareFeet Lot
• Feature: Built in 1956
• Status: Active
• MLS Number: 1168351268
• Days on Market: 3
• Listed By: MLS Listing
• Zip Code: 33020