Were 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 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.
Listed By
Agency Name: Trybal Group LLC
Agency Phone: 312-927-9724
Shown By
Agent Name: Shapi Moshksaran
Agent Phone: Cell: (813) 500-1454
Agency Title: Realty 100
Estimated Payment
$ 6,905.89 per month $4,839.49 Principal & Interest $1,432.17 Property Tax $634.23 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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2455 Polk St | MLS# A12056911
This land located at 2455 Polk St , Hollywood, FL 33020 is currently listed for sale with an asking price of $2,174,500. The property has approximately 0.47 Acres. Search Hollywood real estate on www.homebyshapi.com today.