Royal Poinciana, Hollywood, 33020

Extraordinary opportunity to develop a picturesque multi-family project, up to 57 units. This half-acre land currently resides in the dh-3 zoning area, dixie highway high intensity multi-family district, with the potential to build a 140 ft, modernly designed, apartment building. Based on architectural data, the build can comfortably configure studios, 1 and 2 bedroom apartments, with the flexibility to organize between 30-57 units. Hollywood is the perfect multi-family investment location as it’s near excellent restaurants, shopping, a hospital, the ft laud/hollywood international airport, downtown, i-95, beaches. Fort lauderdale and miami making this a high demand area for prospective tenants. Property grosses $6k/m in rent currently but is being sold as is for land value. Text for appt.