,Attached, Quadruplex, North Hollywood for Sale

for Sale

Price $2,000,000.00

• Lot size 20638
• Year Build 1949
• Waterfront
• Zip 33020
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

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.

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

Other Lot Description

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.

City:Hollywood,Zoning:DH-3,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:26.0291134,Cooling Y N:1,Heating Y N:1,List Price:2000000,Listing Id:A11663667,Longitude:-80.1477865,Mls Status:Active,Year Built:1949,Postal Code:33020,Coordinates:1:26.0291134,Photos Count:3,Building Name:NORTH HOLLYWOOD,Days On Market:304,Lot Size Units:Square Feet,M I A M I R E_ Area:3050,M L S Area Major:North Hollywood,On Market Date:2024-09-21,Parcel Number:514203100850,Parking Total:10,Property Type:Residential Income,Stories Total:1,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2026-01-07,List Office Name:Platinum Ocean Realty, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2427,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:NORTH HOLLYWOOD,Tax Annual Amount:13264,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:20638,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:314.3171,Original List Price:2000000,Public Survey Range:51,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-09-21,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Appointment Only,Call Owner,Tax Legal Description:NORTH HOLLYWOOD 4-1 B LOT 8 LESS W 16,9,10 BLK 12,M I A M I R E_ Current Price:2000000,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Geographic Area:Hollywood East (3010-3050),M I A M I R E_ Internet Remarks:Extraordinary opportunity to develop a multi-family project, up to 57 units. DH-3 zoning area, Dixie Highway High Intensity Multi-Family District.,M I A M I R E_ Parcel Number M L X:0850,M I A M I R E_ Street View Param:1$26.029182$-80.14779$240.77$13.33$1.00$YY3kudYvRi3lDLqOpqwVKQ,Contract Status Change Date:2024-09-21,Number Of Units In Community:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:10,M I A M I R E_ Agent Alternate Phone:305-336-5822,Internet Entire Listing Display Y N:1,