Beds
0.46
Acre
$4,021,739
$/Acre
Premium Land
The subject represents a covered land opportunity in Hollywood which is experiencing a development boom. The property sits on 20,004ft.² and possesses DH-2 zoning which allowing for a 1.75 FAR and 4 floors by right. Analysis indicates the property will support the development of 30 residential units The subject property currently consists of a 4Plex. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Ft Lauderdale submarkets where over 70% of the new residential supply set to be delivered will be luxury rentals. The subject provides an opportunity for development while taking advantage of the strong demographics and pent-up demand.
MLS Number: F10406813
On Site: 1058 Days
Updated: 1057 Days ago
Page Views: 0

Features

All features
  • Approx SqFt Total Area: 20004
  • Property SqFt: 20004
  • Remarks: The subject represents a covered land opportunity in Hollywood which is experiencing a development boom. The property sits on 20, 004ft.² and possesses DH-2 zoning which allowing for a 1.75 FAR and 4 floors by right. Analysis indicates the property will support the development of 30 residential units The subject property currently consists of a 4Plex. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Ft Lauderdale submarkets where over 70% of the new residential supply set to be delivered will be luxury rentals. The subject provides an opportunity for development while taking advantage of the strong demographics and pent-up demand.
  • Internet Remarks: The subject represents a covered land opportunity in Hollywood which is experiencing a development boom. The property sits on 20, 004ft.² and possesses DH-2 zoning which allowing for a 1.75 FAR and 4 floors by right. Analysis indicates the property will support the development of 30 residential units The subject property currently consists of a 4Plex. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Ft Lauderdale submarkets where over 70% of the new residential supply set to be delivered will be luxury rentals. The subject provides an opportunity for development while taking advantage of the strong demographics and pent-up demand.
  • Waterfront: No info
  • Days on Market: No info
  • Office Name: Media Realty
  • Area: 20004
  • Taxes: 11645
  • Tax Year: 2022
  • Listing Date: 2023-10-26T16:51:23.000-00:00
  • Lot Size Square Feet: 20004

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Price History

Date
Event
Price
Change
Price Per
10/26/2023
Listed
$1.9M
 
$92 ft2
$995 m2
10/26/2023
$1.9M
Event
Listed
Price Per
$92 ft2
$995 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
84

100
Transit Score®
Some Transit. A few nearby public transportation options
39

100
Bike Score®
Bikeable. Some bike infrastructure
62

100
Sound Score®
Very loud
65

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
45

100
Local Score
Limited local amenities nearby
2

100
Community Snapshot
2 – 6 BR
Bedrooms
$280K – $3.5M
Price Tier
620 - 12,540
SqFt Range
1953
Year Build
1
Total Floors

Subdivision Amenities

None

Hollywood
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