Hollywood South Side, 1831 Plunkett St

Beds
0.5
Acre
$4,900,000
$/Acre
Sold - Jun 10, 2022
Land
Beach View
The property contains 2 folios, 21,600 ft.², zoned FH-2 and provides a 3.0 FAR with a height limitation of 10 stories located within an opportunity zone. It is estimated the site will accommodate 50 units. The subject has a state land use 74 which is an assisted living facility (ALF). The property has been improved with hurricane impact Windows, new kitchens cabinets, countertops, appliances, bathrooms and an exterior PVC fence. The property must be sold in as is condition without changing its use code or sold as a redevelopment opportunity. Accordingly, the highest and best use for the subject property is a 50-unit residential development. The Federal Highway Hollywood and surrounding corridor is quickly gentrifying with many projects in the planning, approved or construction stages.
MLS Number: F10325937
On Site: 1621 Days
Updated: 208 Days ago
Page Views: 0

Features

All features
  • Current Use: Unimproved
  • Approx SqFt Total Area: 21600
  • Property SqFt: 21600
  • Remarks: The property contains 2 folios, 21, 600 ft.², zoned FH-2 and provides a 3.0 FAR with a height limitation of 10 stories located within an opportunity zone. It is estimated the site will accommodate 50 units. The subject has a state land use 74 which is an assisted living facility (ALF). The property has been improved with hurricane impact Windows, new kitchens cabinets, countertops, appliances, bathrooms and an exterior PVC fence. The property must be sold in as is condition without changing its use code or sold as a redevelopment opportunity. Accordingly, the highest and best use for the subject property is a 50-unit residential development. The Federal Highway Hollywood and surrounding corridor is quickly gentrifying with many projects in the planning, approved or construction stages.
  • Internet Remarks: The property contains 2 folios, 21, 600 ft.², zoned FH-2 and provides a 3.0 FAR with a height limitation of 10 stories located within an opportunity zone. It is estimated the site will accommodate 50 units. The subject has a state land use 74 which is an assisted living facility (ALF). The property has been improved with hurricane impact Windows, new kitchens cabinets, countertops, appliances, bathrooms and an exterior PVC fence. The property must be sold in as is condition without changing its use code or sold as a redevelopment opportunity. Accordingly, the highest and best use for the subject property is a 50-unit residential development. The Federal Highway Hollywood and surrounding corridor is quickly gentrifying with many projects in the planning, approved or construction stages.
  • View: Beach
  • Waterfront: No info
  • Days on Market: 18
  • Closing Date: 2022-06-10
  • Office Name: Media Realty
  • Area: 21600
  • Taxes: 11780
  • Tax Year: 2021
  • Listing Date: 2022-04-09T20:00:00.000-00:00
  • Lot Size Square Feet: 21600

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Price History

Date
Event
Price
Change
Price Per
04/10/2022
Listed
$2.5M
 
$113 ft2
$1,221 m2
04/10/2022
$2.5M
Event
Listed
Price Per
$113 ft2
$1,221 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Peter DackoMedia Realty • Buyer Agency Compensation .

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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
82

100
Transit Score®
Some Transit. A few nearby public transportation options
43

100
Bike Score®
Bikeable. Some bike infrastructure
60

100
Sound Score®
Very loud
71

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
37

100
Local Score
Limited local amenities nearby
2

100
Community Snapshot
Studio – 6 BR
Bedrooms
$470K – $2.4M
Price Tier
840 - 6,378
SqFt Range
1953
Year Build
1
Total Floors

Hollywood
Premium
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