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Rare opportunity! This 3-bed, 2-bath home sits on a large lot and is zoned for multi-family use (RM-12)—ideal for investors or buyers seeking future income potential. Located in a quiet neighborhood near I-95 and the Hollywood beaches, this property combines flexibility with location. The kitchen is a standout feature with brand-new cabinets, quartz countertops, a center island, and stainless steel appliances including a dishwasher, built-in microwave, and hood. The primary bedroom includes its own private ensuite with a stand-up shower, while the guest bathroom offers a full tub. Recent upgrades include a new roof (2024), new laminate flooring (2024), new washer and dryer, and recessed lighting throughout. The property offers a large backyard with mature fruit trees and plenty of untouched space—perfect for adding a pool, expanding, or creating additional living units. Priced to move—submit your offers!

3 Beds ⋅ 2 Baths ⋅ A12068575 MLS

Rare opportunity! This 3-bed, 2-bath home sits on a large lot and is zoned for multi-family use (RM-12)—ideal for investors or buyers seeking future income potential. Located in a quiet neighborhood near I-95 and the Hollywood beaches, this property combines flexibility with location. The kitchen is a standout feature with brand-new cabinets, quartz countertops, a center island, and stainless steel appliances including a dishwasher, built-in microwave, and hood. The primary bedroom includes its own private ensuite with a stand-up shower, while the guest bathroom offers a full tub. Recent upgrades include a new roof (2024), new laminate flooring (2024), new washer and dryer, and recessed lighting throughout. The property offers a large backyard with mature fruit trees and plenty of untouched space—perfect for adding a pool, expanding, or creating additional living units. Priced to move—submit your offers!

2851 Washington Street, Hollywood

$555,000

Rare opportunity on an oversized 10,000+ sq. ft. lot in a prime location! This versatile property features a spacious 4-bedroom, 2-bath main home plus a separate 2-bedroom, 1-bath guest house, offering endless possibilities. The well-designed layout provides privacy and flexibility, making it ideal for multi-generational living, extended family, guests, or rental income. Investors will appreciate the exceptional income potential, while homeowners will love the extra space and functionality. Conveniently located near shopping, dining, schools, major highways, and everything South Florida has to offer. Whether you're looking to live, invest, or both, this unique property is one you won't want to miss!

6 Beds ⋅ 3 Baths ⋅ B26059999 MLS

Rare opportunity on an oversized 10,000+ sq. ft. lot in a prime location! This versatile property features a spacious 4-bedroom, 2-bath main home plus a separate 2-bedroom, 1-bath guest house, offering endless possibilities. The well-designed layout provides privacy and flexibility, making it ideal for multi-generational living, extended family, guests, or rental income. Investors will appreciate the exceptional income potential, while homeowners will love the extra space and functionality. Conveniently located near shopping, dining, schools, major highways, and everything South Florida has to offer. Whether you're looking to live, invest, or both, this unique property is one you won't want to miss!

2815 ADAMS Street, Hollywood

$359,000

This charming two-bedroom, one bath home has been freshly painted inside and out and features a roof replaced under permit in 2017 and the air conditioner in 2022. The home is move-in ready but presents an excellent opportunity for a new owner to update the kitchen and/or bath to suit their style while building equity.Situated on an oversized 8,208 sq. ft. fenced corner lot in desirable Hollywood Little Ranches, this property offers exceptional potential in one of Hollywood's most convenient locations. With mature landscaping and ample outdoor space, the lot provides endless possibilities for expansion, a pool, outdoor living, or creating your own private retreat.Ideally located just minutes from downtown Hollywood, approximately 15 minutes from Hollywood Beach, and about 20 minutes from Aventura Mall, with convenient access to Fort Lauderdale-Hollywood International Airport and Miami International Airport, this property combines location, lot size, and opportunity. Whether you're looking for a primary residence, investment property, or renovation project, this is a chance to make the most of a generously sized corner lot in a well-established neighborhood. No HOA

2 Beds ⋅ 1 Baths ⋅ A12044630 MLS

This charming two-bedroom, one bath home has been freshly painted inside and out and features a roof replaced under permit in 2017 and the air conditioner in 2022. The home is move-in ready but presents an excellent opportunity for a new owner to update the kitchen and/or bath to suit their style while building equity.Situated on an oversized 8,208 sq. ft. fenced corner lot in desirable Hollywood Little Ranches, this property offers exceptional potential in one of Hollywood's most convenient locations. With mature landscaping and ample outdoor space, the lot provides endless possibilities for expansion, a pool, outdoor living, or creating your own private retreat.Ideally located just minutes from downtown Hollywood, approximately 15 minutes from Hollywood Beach, and about 20 minutes from Aventura Mall, with convenient access to Fort Lauderdale-Hollywood International Airport and Miami International Airport, this property combines location, lot size, and opportunity. Whether you're looking for a primary residence, investment property, or renovation project, this is a chance to make the most of a generously sized corner lot in a well-established neighborhood. No HOA

842 S 28th Avenue, Hollywood

$2,000,000

Prime development opportunity at 2306 Van Buren Street in Hollywood, FL — site plan approved for 36 units on a24,000+ SF lot zoned DH-2 (Downtown Hollywood 2), steps from the Dixie Highway corridor. Entitlements are inplace, offering a builder-ready path straight to construction documents in one of Hollywood’s fastest-growingsubmarkets. DH-2 zoning supports flexible mixed-use programming, with strong upside for ground-floor retail orlive-work components alongside the residential units. The corridor is seeing steady influx of young professionalsand families driving demand for urban housing, with walkable access to restaurants, shops, and cultural drawsalong Dixie Highway. Excellent connectivity via Dixie Highway and I-95, with easy reach to Fort Lauderdale-Hollywood International Airport and nearby public transit. A strong combination of entitlement certainty andlocation fundamentals for a developer to build.

A12057103 MLS

Prime development opportunity at 2306 Van Buren Street in Hollywood, FL — site plan approved for 36 units on a24,000+ SF lot zoned DH-2 (Downtown Hollywood 2), steps from the Dixie Highway corridor. Entitlements are inplace, offering a builder-ready path straight to construction documents in one of Hollywood’s fastest-growingsubmarkets. DH-2 zoning supports flexible mixed-use programming, with strong upside for ground-floor retail orlive-work components alongside the residential units. The corridor is seeing steady influx of young professionalsand families driving demand for urban housing, with walkable access to restaurants, shops, and cultural drawsalong Dixie Highway. Excellent connectivity via Dixie Highway and I-95, with easy reach to Fort Lauderdale-Hollywood International Airport and nearby public transit. A strong combination of entitlement certainty andlocation fundamentals for a developer to build.

2306 Van Buren Street, Hollywood

$2,000,000

Prime development opportunity at 2306 Van Buren Street in Hollywood, FL — site plan approved for 36 units on a 24,000+ SF lot zoned DH-2 (Downtown Hollywood 2), steps from the Dixie Highway corridor. Entitlements are in place, offering a builder-ready path straight to construction documents in one of Hollywood’s fastest-growing submarkets.DH-2 zoning supports flexible mixed-use programming, with strong upside for ground-floor retail or live-work components alongside the residential units. The corridor is seeing steady influx of young professionals and families driving demand for urban housing, with walkable access to restaurants, shops, and cultural draws along Dixie Highway. Excellent connectivity via Dixie Highway and I-95, with easy reach to Fort Lauderdale-Hollywood International Airport and nearby public transit. A strong combination of entitlement certainty and location fundamentals for a developer to build.

A12053785 MLS

Prime development opportunity at 2306 Van Buren Street in Hollywood, FL — site plan approved for 36 units on a 24,000+ SF lot zoned DH-2 (Downtown Hollywood 2), steps from the Dixie Highway corridor. Entitlements are in place, offering a builder-ready path straight to construction documents in one of Hollywood’s fastest-growing submarkets.DH-2 zoning supports flexible mixed-use programming, with strong upside for ground-floor retail or live-work components alongside the residential units. The corridor is seeing steady influx of young professionals and families driving demand for urban housing, with walkable access to restaurants, shops, and cultural draws along Dixie Highway. Excellent connectivity via Dixie Highway and I-95, with easy reach to Fort Lauderdale-Hollywood International Airport and nearby public transit. A strong combination of entitlement certainty and location fundamentals for a developer to build.

2306 Van Buren Street, Hollywood

$499,000

Multifamily-zoned residential property offering exceptional opportunity for investors and developers. Situated on a lot of just over 10,000 sq ft in a high-demand, rapidly growing area, this property provides strong redevelopment and income potential. The home features 2 bedrooms and 1 bathroom and is well maintained, making it suitable for immediate occupancy or rental use. Additional includes a shed, offering flexible space storage, or workspace. Exterior highlights include an above-ground pool, mature fruit trees, double gate access for boat or RV parking, and a side entrance leading to the backyard for added convenience and functionality. Ideally located near major highways, shopping, dining, and just minutes from the beach. A prime opportunity in an area experiencing continued growth and strong development activity. Washer and Dryer are not included in sale

2 Beds ⋅ 1 Baths ⋅ A12020220 MLS

Multifamily-zoned residential property offering exceptional opportunity for investors and developers. Situated on a lot of just over 10,000 sq ft in a high-demand, rapidly growing area, this property provides strong redevelopment and income potential. The home features 2 bedrooms and 1 bathroom and is well maintained, making it suitable for immediate occupancy or rental use. Additional includes a shed, offering flexible space storage, or workspace. Exterior highlights include an above-ground pool, mature fruit trees, double gate access for boat or RV parking, and a side entrance leading to the backyard for added convenience and functionality. Ideally located near major highways, shopping, dining, and just minutes from the beach. A prime opportunity in an area experiencing continued growth and strong development activity. Washer and Dryer are not included in sale

2726 Taylor Street, Hollywood

$525,000

*** Reduced*** Seller is motivated to sell this beautifully renovated single-family home featuring 2 spacious bedrooms and 2 bathrooms, additionally, there is a detached garage which is an additional 468 Square feet!! Offering a perfect blend of comfort and style. Stainless steel appliances & Impact glass windows and doors provide added security and energy efficiency while allowing natural light to flood the space. The home has a large backyard with a pool, ideal for relaxing or hosting outdoor gatherings. , providing ample storage or parking space.Located just minutes from downtown Hollywood, you'll have quick access to an array of shops, dining, and entertainment. The property is also conveniently close to major roads like I-95 & FLL, making travel and commuting a breeze. This home is the perfect mix of convenience, and comfort.

2 Beds ⋅ 2 Baths ⋅ A11772017 MLS

*** Reduced*** Seller is motivated to sell this beautifully renovated single-family home featuring 2 spacious bedrooms and 2 bathrooms, additionally, there is a detached garage which is an additional 468 Square feet!! Offering a perfect blend of comfort and style. Stainless steel appliances & Impact glass windows and doors provide added security and energy efficiency while allowing natural light to flood the space. The home has a large backyard with a pool, ideal for relaxing or hosting outdoor gatherings. , providing ample storage or parking space.Located just minutes from downtown Hollywood, you'll have quick access to an array of shops, dining, and entertainment. The property is also conveniently close to major roads like I-95 & FLL, making travel and commuting a breeze. This home is the perfect mix of convenience, and comfort.

2542 Fillmore Street, Hollywood

$749,000

Large 9,800 SF lot zoned TC-1 (Transitional Core / commercial), allowing mixed-use and commercial uses, one block from Hollywood Blvd. The property is an income property in East Hollywood currently producing $7,600/month ($91,200/year) — Within minutes of Downtown Hollywood, the Broadwalk and beaches, Hard Rock, I-95, and Fort Lauderdale–Hollywood International Airport. Contact LA for more info.

A12037868 MLS

Large 9,800 SF lot zoned TC-1 (Transitional Core / commercial), allowing mixed-use and commercial uses, one block from Hollywood Blvd. The property is an income property in East Hollywood currently producing $7,600/month ($91,200/year) — Within minutes of Downtown Hollywood, the Broadwalk and beaches, Hard Rock, I-95, and Fort Lauderdale–Hollywood International Airport. Contact LA for more info.

2434 Polk Street, Hollywood

$2,500,000

APPROVED PROJECT! SHOVEL-READY! Not only site plan approved. Ready to break ground! Jumpstart your development with this shovel-ready project. Reap the benefits of 1 year of site planning, zoning clearances, and 2 years of back and forth with the Bldg Department to approve the construction drawings. Only fees and subcontractor permit applications remain. Ready for issuance and Immediate Construction! No more waits with approvals; get your construction permit & start building. Modern 30-Unit Apartment Complex: 21 1b/1b and 9 2b/2b units tailored for today's living - Space for home office, gym, and pet care. Located just 10 mins from Hollywood Beach and 15 mins from Aventura Mall and Fort Lauderdale Airport. A prime investment awaits!

A12002669 MLS

APPROVED PROJECT! SHOVEL-READY! Not only site plan approved. Ready to break ground! Jumpstart your development with this shovel-ready project. Reap the benefits of 1 year of site planning, zoning clearances, and 2 years of back and forth with the Bldg Department to approve the construction drawings. Only fees and subcontractor permit applications remain. Ready for issuance and Immediate Construction! No more waits with approvals; get your construction permit & start building. Modern 30-Unit Apartment Complex: 21 1b/1b and 9 2b/2b units tailored for today's living - Space for home office, gym, and pet care. Located just 10 mins from Hollywood Beach and 15 mins from Aventura Mall and Fort Lauderdale Airport. A prime investment awaits!

2239 Washington Street, Hollywood

$1,299,000

Great development opportunity in the heart of Hollywood! 20,500 SF lot with approved site plans and zoning approval to build a 4-story, 30-unit building with rooftop amenities. Existing single-family home is tenant-occupied and generating rental income, providing cash flow during planning and construction. Prime location close to major transit, shopping, beaches, and entertainment. Strong demand for multi-unit housing in this area makes this a rare chance for developers or investors to secure a high-yield project. Don’t miss out on this transformative investment!

A11888613 MLS

Great development opportunity in the heart of Hollywood! 20,500 SF lot with approved site plans and zoning approval to build a 4-story, 30-unit building with rooftop amenities. Existing single-family home is tenant-occupied and generating rental income, providing cash flow during planning and construction. Prime location close to major transit, shopping, beaches, and entertainment. Strong demand for multi-unit housing in this area makes this a rare chance for developers or investors to secure a high-yield project. Don’t miss out on this transformative investment!

2815 Jackson Street, Hollywood

$749,000

Large ~9,800 SF parcel zoned TC-1 (Transitional Core / commercial), one block from Hollywood Blvd in East Hollywood. TC-1 permits mixed-use and commercial development; buyer to verify allowable uses, height, density and FAR with the City of Hollywood. Polk St frontage with a deep ~4,000 SF rear portion. Minutes from Downtown Hollywood, the Broadwalk and beaches, Hard Rock, I-95, and Fort Lauderdale–Hollywood International Airport. Offered at land/redevelopment value; existing structures convey as-is. Buyer to verify all zoning and development potential

A12038056 MLS

Large ~9,800 SF parcel zoned TC-1 (Transitional Core / commercial), one block from Hollywood Blvd in East Hollywood. TC-1 permits mixed-use and commercial development; buyer to verify allowable uses, height, density and FAR with the City of Hollywood. Polk St frontage with a deep ~4,000 SF rear portion. Minutes from Downtown Hollywood, the Broadwalk and beaches, Hard Rock, I-95, and Fort Lauderdale–Hollywood International Airport. Offered at land/redevelopment value; existing structures convey as-is. Buyer to verify all zoning and development potential

2434 Polk Street, Hollywood

$518,500

Centrally located between Fort Lauderdale and Miami is this spacious three bedroom, 2 full bath home with a single-car, attached garage. The Roof and Air conditioner were replaced in 2017. Don't miss this prime area of downtown Hollywood within walking distance to shops and restaurants. Take a quick 5 minute drive to the beach or Memorial Regional Hospital. Convenience is key! Seller is relocating and requested this significant price reduction for immediate sale. The home is ready for your personal touches. Schedule your showing today.

3 Beds ⋅ 2 Baths ⋅ B26049360 MLS

Centrally located between Fort Lauderdale and Miami is this spacious three bedroom, 2 full bath home with a single-car, attached garage. The Roof and Air conditioner were replaced in 2017. Don't miss this prime area of downtown Hollywood within walking distance to shops and restaurants. Take a quick 5 minute drive to the beach or Memorial Regional Hospital. Convenience is key! Seller is relocating and requested this significant price reduction for immediate sale. The home is ready for your personal touches. Schedule your showing today.

2538 Fillmore Street, Hollywood

$7,200

Great opportunity to rent a spacious piece of land in a prime and accessible area. This open lot offers plenty of room for various permitted uses such as equipment storage, parking, landscaping business operations, or other commercial or personal needs. The property is easy to access and provides a flexible layout to suit different purposes.

A11979066 MLS

Great opportunity to rent a spacious piece of land in a prime and accessible area. This open lot offers plenty of room for various permitted uses such as equipment storage, parking, landscaping business operations, or other commercial or personal needs. The property is easy to access and provides a flexible layout to suit different purposes.

2307 Hollywood Boulevard, Hollywood

$849,000

Impeccable single-family home, located at the most desirable Hollywood area This home has been meticulously renovated with a 2-year-old roof, making it truly move-in ready. Its prime location near top-rated schools, major highways, shopping centers, dining, and essential services positions this property as a standout opportunity for buyers seeking a high-value home with excellent growth potential.

5 Beds ⋅ 3 Baths ⋅ A11921681 MLS

Impeccable single-family home, located at the most desirable Hollywood area This home has been meticulously renovated with a 2-year-old roof, making it truly move-in ready. Its prime location near top-rated schools, major highways, shopping centers, dining, and essential services positions this property as a standout opportunity for buyers seeking a high-value home with excellent growth potential.

2703 Adams Street, Hollywood

$2,999,990

Exceptional development opportunity at 2323 Polk Street, Hollywood, FL. Approved plans for a 4-story, 27-unit multifamily project located within the Regional Activity Center (DH-2 zoning), recently approved by the City of Hollywood Planning and Development Board. The project is thoughtfully designed for efficiency, featuring mostly 2BR/2BA units and 56 total parking spaces, including standard, ADA, tandem, and mechanical lifts—an uncommon advantage in the submarket. The area is predominantly rental-focused, creating a rare opportunity for a condo-oriented or ownership-ready product. Ideal for developers or builders seeking a near shovel-ready project while avoiding the time and cost of entitlements. Offering Memorandum available; plans and additional documentation upon request. 2323 Polk Street presents a compelling development opportunity for investors, developers, and builders seeking a multifamily project in a strategically positioned Hollywood submarket. The property is located within the Regional Activity Center (DH-2 zoning) and is approved for a 4-story, 27-unit multifamily building. The project has recently received approval from the City of Hollywood Planning and Development Board, representing a major milestone in the development process and significantly reducing entitlement risk.The project has been deliberately designed with a profit-driven, efficiency-focused approach. Unlike many nearby developments that emphasize extensive common areas, luxury amenities, and smaller unit layouts, this building prioritizes functionality, livability, and market demand. The unit mix is predominantly 2-bedroom, 2-bathroom residences, a sharp contrast to surrounding projects that largely offer 1-bedroom units. This configuration appeals strongly to end users, families, roommates, and long-term tenants, supporting higher absorption and retention.A major competitive advantage of the project is its parking ratio. The development provides 56 total parking spaces, allowing for approximately two parking spaces per unit, including standard, ADA, tandem, and mechanical lift spaces. This exceeds the typical parking ratios in the area, where many projects average approximately 1.5 spaces per unit, and significantly enhances marketability, especially for ownership-oriented or condo-ready strategies.The surrounding area has seen a concentration of rental-focused developments, creating a scarcity of new ownership-style multifamily product. This positions 2323 Polk as a unique opportunity for a buyer to deliver either a boutique condo project or a high-quality rental community with a differentiated unit mix and parking offering. The design flexibility allows a future owner to adapt the exit strategy based on market conditions, investor appetite, or financing structure.Substantial upfront work has already been completed, including architectural design, civil engineering, fire flow calculations, and Technical Advisory Committee (TAC) review with the City of Hollywood. This significantly shortens the development timeline and allows a buyer to avoid the time, uncertainty, and carrying costs typically associated with early-stage projects.The site is surrounded by established residential uses and benefits from proximity to Downtown Hollywood, major transportation corridors, employment centers, and regional amenities. The broader market is projected to experience sustained population and economic growth through 2029, supporting long-term demand for well-located multifamily housing.2323 Polk Street is ideally suited for a developer or investor seeking a smartly designed, cost-efficient project with strong fundamentals, reduced execution risk, and multiple viable exit strategies. Offering Memorandum available. Architectural plans, civil drawings, and supporting documentation are available upon request.

A12018973 MLS

Exceptional development opportunity at 2323 Polk Street, Hollywood, FL. Approved plans for a 4-story, 27-unit multifamily project located within the Regional Activity Center (DH-2 zoning), recently approved by the City of Hollywood Planning and Development Board. The project is thoughtfully designed for efficiency, featuring mostly 2BR/2BA units and 56 total parking spaces, including standard, ADA, tandem, and mechanical lifts—an uncommon advantage in the submarket. The area is predominantly rental-focused, creating a rare opportunity for a condo-oriented or ownership-ready product. Ideal for developers or builders seeking a near shovel-ready project while avoiding the time and cost of entitlements. Offering Memorandum available; plans and additional documentation upon request. 2323 Polk Street presents a compelling development opportunity for investors, developers, and builders seeking a multifamily project in a strategically positioned Hollywood submarket. The property is located within the Regional Activity Center (DH-2 zoning) and is approved for a 4-story, 27-unit multifamily building. The project has recently received approval from the City of Hollywood Planning and Development Board, representing a major milestone in the development process and significantly reducing entitlement risk.The project has been deliberately designed with a profit-driven, efficiency-focused approach. Unlike many nearby developments that emphasize extensive common areas, luxury amenities, and smaller unit layouts, this building prioritizes functionality, livability, and market demand. The unit mix is predominantly 2-bedroom, 2-bathroom residences, a sharp contrast to surrounding projects that largely offer 1-bedroom units. This configuration appeals strongly to end users, families, roommates, and long-term tenants, supporting higher absorption and retention.A major competitive advantage of the project is its parking ratio. The development provides 56 total parking spaces, allowing for approximately two parking spaces per unit, including standard, ADA, tandem, and mechanical lift spaces. This exceeds the typical parking ratios in the area, where many projects average approximately 1.5 spaces per unit, and significantly enhances marketability, especially for ownership-oriented or condo-ready strategies.The surrounding area has seen a concentration of rental-focused developments, creating a scarcity of new ownership-style multifamily product. This positions 2323 Polk as a unique opportunity for a buyer to deliver either a boutique condo project or a high-quality rental community with a differentiated unit mix and parking offering. The design flexibility allows a future owner to adapt the exit strategy based on market conditions, investor appetite, or financing structure.Substantial upfront work has already been completed, including architectural design, civil engineering, fire flow calculations, and Technical Advisory Committee (TAC) review with the City of Hollywood. This significantly shortens the development timeline and allows a buyer to avoid the time, uncertainty, and carrying costs typically associated with early-stage projects.The site is surrounded by established residential uses and benefits from proximity to Downtown Hollywood, major transportation corridors, employment centers, and regional amenities. The broader market is projected to experience sustained population and economic growth through 2029, supporting long-term demand for well-located multifamily housing.2323 Polk Street is ideally suited for a developer or investor seeking a smartly designed, cost-efficient project with strong fundamentals, reduced execution risk, and multiple viable exit strategies. Offering Memorandum available. Architectural plans, civil drawings, and supporting documentation are available upon request.

2323 Polk Street, Hollywood

$1,300,000

FANTASTIC OPPORTUNITY FOR DEVELOPERS!!!,IN DOWNTOWN OF HOLLYWOOD,CONVENIENTLY LOCATED NEAR TO ALL RESTAURANTS AND SHOPPING CENTERS OF HOLLYWOOD ,YOUNG CIRCLE PARK ,JUST MINUTES DRIVE TO THE FAMOUS HOLLYWOOD BEACH & BOARDWALK ,CURRENTLY IS A VERY NICE HOUSE 3BED 2 BATHS. !! DONT MISS THIS OPPORTUNITY TO INVEST ON A EXCEPTIONAL LOCATION FOR FUTURE GROWTH OF HOLLYWOOD!!.

A11984708 MLS

FANTASTIC OPPORTUNITY FOR DEVELOPERS!!!,IN DOWNTOWN OF HOLLYWOOD,CONVENIENTLY LOCATED NEAR TO ALL RESTAURANTS AND SHOPPING CENTERS OF HOLLYWOOD ,YOUNG CIRCLE PARK ,JUST MINUTES DRIVE TO THE FAMOUS HOLLYWOOD BEACH & BOARDWALK ,CURRENTLY IS A VERY NICE HOUSE 3BED 2 BATHS. !! DONT MISS THIS OPPORTUNITY TO INVEST ON A EXCEPTIONAL LOCATION FOR FUTURE GROWTH OF HOLLYWOOD!!.

2247 Jackson Street, Hollywood

$760,000

Prime development site in Hollywood’s RAC zoning (DH-2). Advanced Site Plan submitted for up to 15 units over 4 stories with mixed-use potential. Lot size 10,247 sq ft. While approvals are pending, property generates $2,100/month from an existing 2-bed/1-bath, 874 sq ft home. A beautiful boutique-style building is envisioned, creating a unique opportunity. Site Plan information available. Just 5 minutes from upcoming projects like B57 Tower (856 units, 35 stories) and Soleste Piazza (378 units, 23 stories). Surrounded by Hollywood’s rapid expansion with beach, boulevard, port, airport and dining nearby.

A11886972 MLS

Prime development site in Hollywood’s RAC zoning (DH-2). Advanced Site Plan submitted for up to 15 units over 4 stories with mixed-use potential. Lot size 10,247 sq ft. While approvals are pending, property generates $2,100/month from an existing 2-bed/1-bath, 874 sq ft home. A beautiful boutique-style building is envisioned, creating a unique opportunity. Site Plan information available. Just 5 minutes from upcoming projects like B57 Tower (856 units, 35 stories) and Soleste Piazza (378 units, 23 stories). Surrounded by Hollywood’s rapid expansion with beach, boulevard, port, airport and dining nearby.

2229 Adams Street, Hollywood

$1,000,000

Beautiful spacious single-family home with much to offer. Minutes to downtown Hollywood and our famous beaches. Big private lot, huge back yard, developer friendly. Build, remodel, renovate and innovate in the best opportunity in Hollywood. Opportunity to combine additional lot. Perfect home for a family looking for tons of space. HIGHLY MOTIVATED SELLER.

2 Beds ⋅ 1 Baths ⋅ A11431244 MLS

Beautiful spacious single-family home with much to offer. Minutes to downtown Hollywood and our famous beaches. Big private lot, huge back yard, developer friendly. Build, remodel, renovate and innovate in the best opportunity in Hollywood. Opportunity to combine additional lot. Perfect home for a family looking for tons of space. HIGHLY MOTIVATED SELLER.

2533 Fillmore Street, Hollywood

$650,000

Welcome to Hollywood Heights, a thoughtfully designed community where modern elegance meets the vibrant spirit of South Florida living. Each townhouse in this exclusive new development is meticulously crafted to provide a stylish, functional home that effortlessly blends comfort with sophistication. Open-concept layouts that maximize space and flow, perfect for entertaining or relaxing in style. Expansive windows bathe each room in abundant natural light, highlighting clean architectural lines and upscale finishes. High ceilings and sleek design details contribute to a sense of airiness and modern luxury. THIS EXCITING NEW CONSTRUCTION PROJECT IS ESTIMATED FOR COMPLETION IN Q1 2027.

3 Beds ⋅ 3 Baths ⋅ A11848233 MLS

Welcome to Hollywood Heights, a thoughtfully designed community where modern elegance meets the vibrant spirit of South Florida living. Each townhouse in this exclusive new development is meticulously crafted to provide a stylish, functional home that effortlessly blends comfort with sophistication. Open-concept layouts that maximize space and flow, perfect for entertaining or relaxing in style. Expansive windows bathe each room in abundant natural light, highlighting clean architectural lines and upscale finishes. High ceilings and sleek design details contribute to a sense of airiness and modern luxury. THIS EXCITING NEW CONSTRUCTION PROJECT IS ESTIMATED FOR COMPLETION IN Q1 2027.

2447 Pierce Street, Hollywood

$430,000

Attention investors & developers! Rare opportunity in Hollywood with zoning allowing construction up to 55 feet high—ideal for maximizing redevelopment potential. Existing home features 2 bedrooms, 1 remodeled bathroom, remodeled kitchen with granite tops and stainless steel appliances, and a large backyard with plenty of space to expand, rent, or hold. Centrally located near major highways, shopping, dining, and just minutes from the beach. Strong demand area with ongoing growth—opportunities like this are limited!

2 Beds ⋅ 1 Baths ⋅ A12008474 MLS

Attention investors & developers! Rare opportunity in Hollywood with zoning allowing construction up to 55 feet high—ideal for maximizing redevelopment potential. Existing home features 2 bedrooms, 1 remodeled bathroom, remodeled kitchen with granite tops and stainless steel appliances, and a large backyard with plenty of space to expand, rent, or hold. Centrally located near major highways, shopping, dining, and just minutes from the beach. Strong demand area with ongoing growth—opportunities like this are limited!

2124 Taylor Street, Hollywood

$999,000

This duplex situated on a massive 13,731 SqFt lot is situated in the heart of Hollywood! Just minutes away from South Dixie, US-1, and I-95, making it very practical to get around South Florida. On a quiet residential street. There is currently a duplex on the property, each unit featuring 2 bedrooms and 1 bathroom. The duplex generates $3,700 per month. This property has plans currently under review from City of Hollywood for the construction of a 14 unit apartment. Don't miss your chance to hop on this great investment or development opportunity.

A12043079 MLS

This duplex situated on a massive 13,731 SqFt lot is situated in the heart of Hollywood! Just minutes away from South Dixie, US-1, and I-95, making it very practical to get around South Florida. On a quiet residential street. There is currently a duplex on the property, each unit featuring 2 bedrooms and 1 bathroom. The duplex generates $3,700 per month. This property has plans currently under review from City of Hollywood for the construction of a 14 unit apartment. Don't miss your chance to hop on this great investment or development opportunity.

2215 Adams Street, Hollywood

$2,999,990

Exceptional development opportunity at 2323 Polk Street, Hollywood, FL. Approved plans for a 4-story, 27-unit multifamily project located within the Regional Activity Center (DH-2 zoning), recently approved by the City of Hollywood Planning and Development Board. The project is thoughtfully designed for efficiency, featuring mostly 2BR/2BA units and 56 total parking spaces, including standard, ADA, tandem, and mechanical lifts—an uncommon advantage in the submarket. The area is predominantly rental-focused, creating a rare opportunity for a condo-oriented or ownership-ready product. Ideal for developers or builders seeking a near shovel-ready project while avoiding the time and cost of entitlements. Offering Memorandum available; plans and additional documentation upon request. 2323 Polk Street presents a compelling development opportunity for investors, developers, and builders seeking a multifamily project in a strategically positioned Hollywood submarket. The property is located within the Regional Activity Center (DH-2 zoning) and is approved for a 4-story, 27-unit multifamily building. The project has recently received approval from the City of Hollywood Planning and Development Board, representing a major milestone in the development process and significantly reducing entitlement risk.The project has been deliberately designed with a profit-driven, efficiency-focused approach. Unlike many nearby developments that emphasize extensive common areas, luxury amenities, and smaller unit layouts, this building prioritizes functionality, livability, and market demand. The unit mix is predominantly 2-bedroom, 2-bathroom residences, a sharp contrast to surrounding projects that largely offer 1-bedroom units. This configuration appeals strongly to end users, families, roommates, and long-term tenants, supporting higher absorption and retention.A major competitive advantage of the project is its parking ratio. The development provides 56 total parking spaces, allowing for approximately two parking spaces per unit, including standard, ADA, tandem, and mechanical lift spaces. This exceeds the typical parking ratios in the area, where many projects average approximately 1.5 spaces per unit, and significantly enhances marketability, especially for ownership-oriented or condo-ready strategies.The surrounding area has seen a concentration of rental-focused developments, creating a scarcity of new ownership-style multifamily product. This positions 2323 Polk as a unique opportunity for a buyer to deliver either a boutique condo project or a high-quality rental community with a differentiated unit mix and parking offering. The design flexibility allows a future owner to adapt the exit strategy based on market conditions, investor appetite, or financing structure.Substantial upfront work has already been completed, including architectural design, civil engineering, fire flow calculations, and Technical Advisory Committee (TAC) review with the City of Hollywood. This significantly shortens the development timeline and allows a buyer to avoid the time, uncertainty, and carrying costs typically associated with early-stage projects.The site is surrounded by established residential uses and benefits from proximity to Downtown Hollywood, major transportation corridors, employment centers, and regional amenities. The broader market is projected to experience sustained population and economic growth through 2029, supporting long-term demand for well-located multifamily housing.2323 Polk Street is ideally suited for a developer or investor seeking a smartly designed, cost-efficient project with strong fundamentals, reduced execution risk, and multiple viable exit strategies. Offering Memorandum available. Architectural plans, civil drawings, and supporting documentation are available upon request.

A11938458 MLS

Exceptional development opportunity at 2323 Polk Street, Hollywood, FL. Approved plans for a 4-story, 27-unit multifamily project located within the Regional Activity Center (DH-2 zoning), recently approved by the City of Hollywood Planning and Development Board. The project is thoughtfully designed for efficiency, featuring mostly 2BR/2BA units and 56 total parking spaces, including standard, ADA, tandem, and mechanical lifts—an uncommon advantage in the submarket. The area is predominantly rental-focused, creating a rare opportunity for a condo-oriented or ownership-ready product. Ideal for developers or builders seeking a near shovel-ready project while avoiding the time and cost of entitlements. Offering Memorandum available; plans and additional documentation upon request. 2323 Polk Street presents a compelling development opportunity for investors, developers, and builders seeking a multifamily project in a strategically positioned Hollywood submarket. The property is located within the Regional Activity Center (DH-2 zoning) and is approved for a 4-story, 27-unit multifamily building. The project has recently received approval from the City of Hollywood Planning and Development Board, representing a major milestone in the development process and significantly reducing entitlement risk.The project has been deliberately designed with a profit-driven, efficiency-focused approach. Unlike many nearby developments that emphasize extensive common areas, luxury amenities, and smaller unit layouts, this building prioritizes functionality, livability, and market demand. The unit mix is predominantly 2-bedroom, 2-bathroom residences, a sharp contrast to surrounding projects that largely offer 1-bedroom units. This configuration appeals strongly to end users, families, roommates, and long-term tenants, supporting higher absorption and retention.A major competitive advantage of the project is its parking ratio. The development provides 56 total parking spaces, allowing for approximately two parking spaces per unit, including standard, ADA, tandem, and mechanical lift spaces. This exceeds the typical parking ratios in the area, where many projects average approximately 1.5 spaces per unit, and significantly enhances marketability, especially for ownership-oriented or condo-ready strategies.The surrounding area has seen a concentration of rental-focused developments, creating a scarcity of new ownership-style multifamily product. This positions 2323 Polk as a unique opportunity for a buyer to deliver either a boutique condo project or a high-quality rental community with a differentiated unit mix and parking offering. The design flexibility allows a future owner to adapt the exit strategy based on market conditions, investor appetite, or financing structure.Substantial upfront work has already been completed, including architectural design, civil engineering, fire flow calculations, and Technical Advisory Committee (TAC) review with the City of Hollywood. This significantly shortens the development timeline and allows a buyer to avoid the time, uncertainty, and carrying costs typically associated with early-stage projects.The site is surrounded by established residential uses and benefits from proximity to Downtown Hollywood, major transportation corridors, employment centers, and regional amenities. The broader market is projected to experience sustained population and economic growth through 2029, supporting long-term demand for well-located multifamily housing.2323 Polk Street is ideally suited for a developer or investor seeking a smartly designed, cost-efficient project with strong fundamentals, reduced execution risk, and multiple viable exit strategies. Offering Memorandum available. Architectural plans, civil drawings, and supporting documentation are available upon request.

2323 Polk Street, Hollywood

$499,000

Fully remodeled 3-bedroom, 2-bath home on an oversized lot! Features include a brand-new kitchen with quartz countertops and stainless steel appliances, impact windows throughout, new washer and dryer, and stylish modern finishes. Spacious layout filled with natural light, perfect for entertaining. Room to add a pool or expand. Move-in ready and centrally located near schools, shopping, and dining.Oversized lot zoned RM 18 for multifamily.

3 Beds ⋅ 2 Baths ⋅ A11908844 MLS

Fully remodeled 3-bedroom, 2-bath home on an oversized lot! Features include a brand-new kitchen with quartz countertops and stainless steel appliances, impact windows throughout, new washer and dryer, and stylish modern finishes. Spacious layout filled with natural light, perfect for entertaining. Room to add a pool or expand. Move-in ready and centrally located near schools, shopping, and dining.Oversized lot zoned RM 18 for multifamily.

2462 Johnson Street, Hollywood

$840,000

TRIPLEX WITH 2025 ROOF – FULLY RENOVATED – MOTIVATED SELLERRare opportunity to acquire a fully renovated, income-producing triplex (Units 1-3) Unit 1 features a 2 bedroom 1 bath) Unit 2 is a 1/1 Unit 3 is a specious 1/1 with washer and dryer outside )where every major capital expense has already been addressed. This property is ideal for an investor seeking a "hands-off" asset or an owner-occupant looking for a high-end multi-family home. All units have 12 months lease all units are rented . Tenant have been notified and has options to end lease to their discretion of new owner. Recent Capital Improvements: ROOF: Brand new roof installed June 25, 2025 (Permitted). HVAC: New AC system installed July 5, 2024. INTERIORS: All three units feature 2024/2025 renovations, including modern new flooring and completely remodeled bathrooms. EXTERIOR: New asphalt driveway repair and concrete work completed May 20, 2025.The property offers low maintenance costs and high rental ceiling thanks to its modern aesthetic and structural integrity. Located in a high-demand area with a motivated seller—bring your best offer for a quick closing. Easy to show lock box call agent first for showing time !! do not Disturb tenants.

4 Beds ⋅ 3 Baths ⋅ A12028146 MLS

TRIPLEX WITH 2025 ROOF – FULLY RENOVATED – MOTIVATED SELLERRare opportunity to acquire a fully renovated, income-producing triplex (Units 1-3) Unit 1 features a 2 bedroom 1 bath) Unit 2 is a 1/1 Unit 3 is a specious 1/1 with washer and dryer outside )where every major capital expense has already been addressed. This property is ideal for an investor seeking a "hands-off" asset or an owner-occupant looking for a high-end multi-family home. All units have 12 months lease all units are rented . Tenant have been notified and has options to end lease to their discretion of new owner. Recent Capital Improvements: ROOF: Brand new roof installed June 25, 2025 (Permitted). HVAC: New AC system installed July 5, 2024. INTERIORS: All three units feature 2024/2025 renovations, including modern new flooring and completely remodeled bathrooms. EXTERIOR: New asphalt driveway repair and concrete work completed May 20, 2025.The property offers low maintenance costs and high rental ceiling thanks to its modern aesthetic and structural integrity. Located in a high-demand area with a motivated seller—bring your best offer for a quick closing. Easy to show lock box call agent first for showing time !! do not Disturb tenants.

2627 Lincoln Street, Hollywood

$799,000

Fully renovated 4-bedroom, 3-bathroom home in the heart of Hollywood! This stunning residence features a desirable split-bedroom floor plan, offering both privacy and functionality. The spacious family room overlooks a huge backyard oasis complete with a sparkling swimming pool—perfect for relaxing or entertaining. Ideally located just minutes from downtown Hollywood, beautiful beaches, shopping, dining, and I-95, this home provides quick and convenient commuting while keeping you close to everything South Florida has to offer. Don't miss this incredible opportunity—this is a must-see!

4 Beds ⋅ 3 Baths ⋅ A12045611 MLS

Fully renovated 4-bedroom, 3-bathroom home in the heart of Hollywood! This stunning residence features a desirable split-bedroom floor plan, offering both privacy and functionality. The spacious family room overlooks a huge backyard oasis complete with a sparkling swimming pool—perfect for relaxing or entertaining. Ideally located just minutes from downtown Hollywood, beautiful beaches, shopping, dining, and I-95, this home provides quick and convenient commuting while keeping you close to everything South Florida has to offer. Don't miss this incredible opportunity—this is a must-see!

2827 Adams Street, Hollywood

$459,000

Aggressively reduced for a happy buyer ,Corner Lot ,Beautiful single-family home in a quiet and safe Hollywood neighborhood. 4 bedrooms, 2 bathrooms, large fenced backyard, large shed, and washer and dryer. Freshly painted, close to everything—Downtown Hollywood, Hollywood Beach, entertainment, shopping, schools, hospitals, and more,,, Bigger than tax records rush won't last.

4 Beds ⋅ 2 Baths ⋅ A11864406 MLS

Aggressively reduced for a happy buyer ,Corner Lot ,Beautiful single-family home in a quiet and safe Hollywood neighborhood. 4 bedrooms, 2 bathrooms, large fenced backyard, large shed, and washer and dryer. Freshly painted, close to everything—Downtown Hollywood, Hollywood Beach, entertainment, shopping, schools, hospitals, and more,,, Bigger than tax records rush won't last.

802 S 24th Avenue, Hollywood

$900,000

LIVE ON YOUR OWN PRIVATE HALF ACRE PARK! Hard to find a true Ranch house 4 bedrooms/ 2.5 baths, separate dining room plus two-car carport. Huge driveway which can fit approximately 15 cars!!! There is an additional structure on backyard(11'x27') which can be used as a workshop or converted to garage or guest house in the future. Florida room is 357sqft, it is fully enclosed with closet and separate entrance, it's currently used as a 4th bedroom. Manicured gardens on 20,528sqft lot in the middle of Hollywood. Make it yours before its gone. Underground electric lines and hurricane shutters. ROOF August 2019! Enter and you will be greeted by the openness of the home with perfect split floor plan and the beautiful pool area. Front and back yards are a tropical oasis! Lovely home is light, bright and open. Beautifull fully screened pool with waterfall area, oversized covered patio and free standing jacuzzi, enough space even for a ping pong table. NO HOA! Not another home like this is on the market today! Split bedroom floorplan. Easy to show, short notice is OK.

4 Beds ⋅ 3 Baths ⋅ A12034899 MLS

LIVE ON YOUR OWN PRIVATE HALF ACRE PARK! Hard to find a true Ranch house 4 bedrooms/ 2.5 baths, separate dining room plus two-car carport. Huge driveway which can fit approximately 15 cars!!! There is an additional structure on backyard(11'x27') which can be used as a workshop or converted to garage or guest house in the future. Florida room is 357sqft, it is fully enclosed with closet and separate entrance, it's currently used as a 4th bedroom. Manicured gardens on 20,528sqft lot in the middle of Hollywood. Make it yours before its gone. Underground electric lines and hurricane shutters. ROOF August 2019! Enter and you will be greeted by the openness of the home with perfect split floor plan and the beautiful pool area. Front and back yards are a tropical oasis! Lovely home is light, bright and open. Beautifull fully screened pool with waterfall area, oversized covered patio and free standing jacuzzi, enough space even for a ping pong table. NO HOA! Not another home like this is on the market today! Split bedroom floorplan. Easy to show, short notice is OK.

2630 Monroe Street, Hollywood

2206 Fillmore Street Unit 110, Hollywood

$2,255,000

Rarely available 10-unit multifamily property in the heart of Hollywood, Florida — fully occupied, cash-flowing from day one, and priced extremely competitively. Comprising two well-maintained buildings totaling 7,445sq.ft. on a generous 20,060sq.ft. lot, this asset delivers immediate NOI of $158,414 annually, 7.03% Cap Rate and meaningful rent upside still on the table. The unit mix — seven 1BR/1BA, two 2BR/1BA and one 3BR/2BA — attracts a broad renter demographic, reducing vacancy risk across market cycles. Both buildings received a new roof and new wall AC units, dramatically reducing near-term capex exposure and making this a true turnkey acquisition. The location is exceptional. Situated just blocks from Downtown Hollywood's vibrant ArtsPark and restaurant corridor, and only 7 minutes from the award-winning Hollywood Beachfront Broadwalk, demand for rentals here is structural and persistent. Fort Lauderdale–Hollywood International Airport (FLL) is 15 minutes away, and easy I-95 access puts Miami in 25 minutes and Boca Raton in 30 minutes. Zoned DH-2, the site permits up to 4 stories and 45 feet in height — giving a future owner optionality to redevelop at higher density as Hollywood's Downtown corridor continues its rapid appreciation trajectory. Twenty stacked parking spaces are a premium differentiator in this urban submarket. Virtual staging incorporated in the listing photos. For more information and to schedule a showing, please call today!

A12003504 MLS

Rarely available 10-unit multifamily property in the heart of Hollywood, Florida — fully occupied, cash-flowing from day one, and priced extremely competitively. Comprising two well-maintained buildings totaling 7,445sq.ft. on a generous 20,060sq.ft. lot, this asset delivers immediate NOI of $158,414 annually, 7.03% Cap Rate and meaningful rent upside still on the table. The unit mix — seven 1BR/1BA, two 2BR/1BA and one 3BR/2BA — attracts a broad renter demographic, reducing vacancy risk across market cycles. Both buildings received a new roof and new wall AC units, dramatically reducing near-term capex exposure and making this a true turnkey acquisition. The location is exceptional. Situated just blocks from Downtown Hollywood's vibrant ArtsPark and restaurant corridor, and only 7 minutes from the award-winning Hollywood Beachfront Broadwalk, demand for rentals here is structural and persistent. Fort Lauderdale–Hollywood International Airport (FLL) is 15 minutes away, and easy I-95 access puts Miami in 25 minutes and Boca Raton in 30 minutes. Zoned DH-2, the site permits up to 4 stories and 45 feet in height — giving a future owner optionality to redevelop at higher density as Hollywood's Downtown corridor continues its rapid appreciation trajectory. Twenty stacked parking spaces are a premium differentiator in this urban submarket. Virtual staging incorporated in the listing photos. For more information and to schedule a showing, please call today!

2206 Fillmore Street Unit 110, Hollywood

$999,000

This massive 13,731 SqFt lot is situated in the heart of Hollywood! Just minutes away from South Dixie, US-1, and I-95, making it very practical to get around South Florida. On a quiet residential street. There is currently a duplex on the property, each unit featuring 2 bedrooms and 1 bathroom. The duplex generates $3,700 per month. This property has plans currently under review from City of Hollywood for the construction of a 14 unit apartment.

A12043105 MLS

This massive 13,731 SqFt lot is situated in the heart of Hollywood! Just minutes away from South Dixie, US-1, and I-95, making it very practical to get around South Florida. On a quiet residential street. There is currently a duplex on the property, each unit featuring 2 bedrooms and 1 bathroom. The duplex generates $3,700 per month. This property has plans currently under review from City of Hollywood for the construction of a 14 unit apartment.

2215 Adams Street, Hollywood

$599,850

33% OFF: Rare opportunity offers not one, but two ways to generate great returns in today's market while protecting your downside. Acquire an income producing 3/2 home (w/in-law suite) & additional development capacity, walking distance from schools, library, parks & Downtown Hollywood, at over 33% below market value. With lots of new development underway nearby, investors & developers have increasingly turned their attention to this area, recognizing its long term potential. This property should not be viewed solely as a single family home (that can operate as two units: a 2/1 and a 1/1) or solely as a land play; the true value is in both. There are two development strategies. Option 1: 9-Unit Development: Keep the existing structure as a 3 bed 2 bath home while developing 8 additional approximately 760 square foot, 2-bedroom apartments on the same lot, for a total of 9 units. The included site plan shows viable layout, parking & access. A formal Pre-Application Consultation (PAC) meeting with the city has been held; representatives from every relevant discipline were present (planning, zoning, engineering, landscape, fire, etc) and they confirmed the site plan is feasible & compliant with current zoning & regulations. Build cost:~$1.6M. All in:~$2.2M. Projected value:$3M+ = ~$800k instant equity. Potential ~10% cap rate. Option 2: 6-Unit Turnkey Development. Retain the existing structure, configured as two units: a 2/1 and a 1/1, and add two factory-built steel duplexes, each featuring two 3 bed 2 bath units for 6 units total. The manufacturer handles plans and permits, with the duplexes delivered and installed by crane. This streamlined, turnkey approach is designed to minimize development complexity and costs while maximizing cash flow. Build cost:~$1.1M. All in:~$1.7M. Projected value:~$2.5M = ~$600k instant equity. Potential 10%+ cap rate. You also have a third option of tearing down the existing structure and building townhomes similar to the development across the street. Sold land comps: $50k per (mostly 1 bedroom) unit. Active land comps: $58k-$101k per (mostly 1 bedroom) unit. Two bedroom units generally rent for around 30% more than one bedroom units; land buildable for two bedroom units is generally valued around 30% more than land buildable for one bedroom units. Land buildable for three bedrooms units generally sells for more than double land buildable for one bedroom units. 3/2 house comps: $499k-$679k active, $410k-$580k sold. Subject property is a 3/2 house + 8 (2 bedroom) units of buildable land or 4 (3 bedroom) units for buildable land; market value ~$900k. 1 bed rents: $1.6k-$1.9k/mo. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

3 Beds ⋅ 2 Baths ⋅ B26036952 MLS

33% OFF: Rare opportunity offers not one, but two ways to generate great returns in today's market while protecting your downside. Acquire an income producing 3/2 home (w/in-law suite) & additional development capacity, walking distance from schools, library, parks & Downtown Hollywood, at over 33% below market value. With lots of new development underway nearby, investors & developers have increasingly turned their attention to this area, recognizing its long term potential. This property should not be viewed solely as a single family home (that can operate as two units: a 2/1 and a 1/1) or solely as a land play; the true value is in both. There are two development strategies. Option 1: 9-Unit Development: Keep the existing structure as a 3 bed 2 bath home while developing 8 additional approximately 760 square foot, 2-bedroom apartments on the same lot, for a total of 9 units. The included site plan shows viable layout, parking & access. A formal Pre-Application Consultation (PAC) meeting with the city has been held; representatives from every relevant discipline were present (planning, zoning, engineering, landscape, fire, etc) and they confirmed the site plan is feasible & compliant with current zoning & regulations. Build cost:~$1.6M. All in:~$2.2M. Projected value:$3M+ = ~$800k instant equity. Potential ~10% cap rate. Option 2: 6-Unit Turnkey Development. Retain the existing structure, configured as two units: a 2/1 and a 1/1, and add two factory-built steel duplexes, each featuring two 3 bed 2 bath units for 6 units total. The manufacturer handles plans and permits, with the duplexes delivered and installed by crane. This streamlined, turnkey approach is designed to minimize development complexity and costs while maximizing cash flow. Build cost:~$1.1M. All in:~$1.7M. Projected value:~$2.5M = ~$600k instant equity. Potential 10%+ cap rate. You also have a third option of tearing down the existing structure and building townhomes similar to the development across the street. Sold land comps: $50k per (mostly 1 bedroom) unit. Active land comps: $58k-$101k per (mostly 1 bedroom) unit. Two bedroom units generally rent for around 30% more than one bedroom units; land buildable for two bedroom units is generally valued around 30% more than land buildable for one bedroom units. Land buildable for three bedrooms units generally sells for more than double land buildable for one bedroom units. 3/2 house comps: $499k-$679k active, $410k-$580k sold. Subject property is a 3/2 house + 8 (2 bedroom) units of buildable land or 4 (3 bedroom) units for buildable land; market value ~$900k. 1 bed rents: $1.6k-$1.9k/mo. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

2531 Pierce Street, Hollywood

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