Multifamily in Hollywood, FL 33020

2141 Jackson St #1-3

The subject property is a duplex constructed in 1993 with ample parking on a large lot. The front unit, which is purposely left vacant, has just been renovated with new flooring, bathroom countertops, and kitchen cabinets. Due to the subject property’s excess land, placement of the structure, and zoning, an additional duplex would be built which would utilize the current parking. It is estimated the cost to build is approximately $100-$125 per square foot. Therefore, it’s significant to note that the acquisition of the property yields land at no cost to double the number of rentable units. In please zoning allows for a 3.0 FAR and a 10 story height limitation.There is a laundry room at the rear of property which is being utilized by back tenant who is responsible for its electric