2,045,000-2.44%
$1,995,000
0.39
Acre
Status
Active
Size
0.39 Acres (1,569 m2)
Price
$5,115,385/Acre ($1,272/m2)
Type
Land
MLS Number
A11989396
On Site
90 Days
Updated
3 Days ago
Page Views
0
We are excited to present a rare development opportunity lot in the heart of Hollywood. This DH-2 zoned site is shovel-ready, with approved plans and permits for a 4-story, 27-unit multi-family building. The project comes with approved Plans and the Permit!Wit... Read more

Features

All features
  • Current Use: Residential, SingleFamily, Unimproved
  • Approx SqFt Total Area: 16887
  • Property SqFt: 16887
  • Remarks: We are excited to present a rare development opportunity lot in the heart of Hollywood. This DH-2 zoned site is shovel-ready, with approved plans and permits for a 4-story, 27-unit multi-family building. The project comes with approved Plans and the Permit!With conventional financing, an investor could achieve:• Equity Multiple: 2.6+ ;• Gross Return: 160%+ ;The development plan includes:• Spacious 1, 2, and 3-bedroom units;• Rooftop deck with open-air pool;• Green space amenity with sun deck, BBQ area, and lounge zone;• Fitness center;• 34 covered parking spaces plus bicycle parking.Project and plans include 27 units total: 23 units with 1 bed/1 bath, 3 units with 2 bed/2 bath and 1 unit with 3 bed/2 bath.The site is just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, offering excellent access to restaurants, arts, and transit.Project highlights:• Approved construction plans available;• Full geotechnical investigation completed;• Zoning and permitting confirmed for immediate build-out.Close with the permit in hand and start construction the next day! • Hollywood is booming with over $1.5B in real estate development surrounding Young Circle• Rapidly growing rental market with new leases surpassing $3/SQFT• New construction condo sales exceeding $700/SQFT• Located in a well-established residential community surrounded by homes valued up to $7M+• Strong local school district and family-friendly amenities• Steady home price growth for 12 consecutive years• With conventional financing, an investor could achieve: Equity Multiple: 2.5+ & Gross Return: 155%+• Home values in Florida have surged by 164% over the past decade - jumping from an average of $144, 464 in 2013 to $381, 922 in 2023
  • Internet Remarks: We are excited to present a rare development opportunity lot in the heart of Hollywood. This DH-2 zoned site is shovel-ready, with approved plans and permits for a 4-story, 27-unit multi-family building. The project comes with approved Plans and the Permit!With conventional financing, an investor could achieve:• Equity Multiple: 2.6+ ;• Gross Return: 160%+ ;The development plan includes:• Spacious 1, 2, and 3-bedroom units;• Rooftop deck with open-air pool;• Green space amenity with sun deck, BBQ area, and lounge zone;• Fitness center;• 34 covered parking spaces plus bicycle parking.Project and plans include 27 units total: 23 units with 1 bed/1 bath, 3 units with 2 bed/2 bath and 1 unit with 3 bed/2 bath.The site is just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, offering excellent access to restaurants, arts, and transit.Project highlights:• Approved construction plans available;• Full geotechnical investigation completed;• Zoning and permitting confirmed for immediate build-out.Close with the permit in hand and start construction the next day! • Hollywood is booming with over $1.5B in real estate development surrounding Young Circle• Rapidly growing rental market with new leases surpassing $3/SQFT• New construction condo sales exceeding $700/SQFT• Located in a well-established residential community surrounded by homes valued up to $7M+• Strong local school district and family-friendly amenities• Steady home price growth for 12 consecutive years• With conventional financing, an investor could achieve: Equity Multiple: 2.5+ & Gross Return: 155%+• Home values in Florida have surged by 164% over the past decade - jumping from an average of $144, 464 in 2013 to $381, 922 in 2023
  • Waterfront: No info
  • Directions: North
  • Days on Market: 85
  • Office Name: Trybal Group LLC
  • Taxes: 7361
  • Tax Year: 2025
  • Listing Date: 2026-03-25T15:25:59.000-00:00
  • Lot Size Square Feet: 16887

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Price History

Current
$2M
High
$2.1M
Low
$2M
Total Change
5%
$2.1M$2M$2MMar 26May 26Jun 26
Date
Event
Price
Change
Price Per
06/18/2026
Price Reduced
$2M
-2.44%
$118 ft2
$1,272 m2
05/27/2026
Price Reduced
$2M
-2.62%
$121 ft2
$1,304 m2
03/25/2026
Listed
$2.1M
 
$124 ft2
$1,339 m2
06/18/2026
$2M
Event
Price Reduced
Change
-2.44%
Price Per
$118 ft2
$1,272 m2
05/27/2026
$2M
Event
Price Reduced
Change
-2.62%
Price Per
$121 ft2
$1,304 m2
03/25/2026
$2.1M
Event
Listed
Price Per
$124 ft2
$1,339 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Mike KaplunTrybal Group LLC • Buyer Agency Compensation .

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Community Snapshot
2 to 6 BR
Bedrooms
$379K to $3.6M
Price Tier
620 - 12,540
SqFt Range
1953
Year Build
1
Total Floors
N/A
Total Units
N/A
Total Sales

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