0.24 Acres in Hollywood, FL - $499,000
Excellent Redevelopment Opportunity right in the heart of Hollywood, an area undergoing a vibrant revitalization & development boom. Situated strategically between I-95 & US-1, 1 block north of Hollywood Blvd, this 10,252 SF fenced lot sits in a high density area, zoned MC-1, Multifamily Residential. Maximum Built Area Allowed: 15,378 SF; FAR: 1.5; Max Height: 4 stories & Max Building Footprint: 6,150 SF. Uses permitted: Multifamily, Single Family. Envision a thriving community of 22 1/1 apt. units, each 700 SF, w/current rents of $1,350/mo. Close to shopping, restaurants, 9 mins to beach, 10 mins to FTL airport. Elec, water, septic tank. Property being sold for land value. Highest & Best Use: Redeveloped multifamily bldg. Interim Use: rehabbed incoming producing triplex. Text LA for dtls
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