About This Property
Land & Docks in Hollywood
EXCELLENT OPPORTUNITY TO OWN 0.24 ACRES ZONED DH-2, GREAT FOR COMMERCIAL USES, OFFICE, MULTIFAMILY, SCHOOLS, OR PLACES OF WORSHIP. THIS PROPERTY IS CURRENTLY A DUPLEX (1/1 AND STUDIO) SUCCESSFULLY OPERATING, WITH UPSIDE POTENTIAL DUE TO LOWER RENTS. THIS IS A GREAT OPPORTUNITY TO DEVELOP LAND WHILE ADVANTAGING FROM AN ALREADY EXISTING CASH-FLOW OR KEEP AS MULTIFAMILY FOR THE INCOME AND POTENTIAL UPSIDE. THE DUPLEX MAY BE BOUGHT TOGETHER WITH AN ADDITIONAL 5 UNITS LOCATED AT 411 COLUMBUS PKWY ALSO IN HOLLYWOOD, FOR A TOTAL OF 0.86 ACRES AND $1.4M. UPSIDE POTENTIAL IN RENT INCOME BASED ON GOVERNMENT HOUSING ASSISTANCE RENT LIMITS FOR THE AREA. PLEASE INQUIRE FOR MORE INFORMATION.
Features & Amenities
Property Highlights
Trees
- Other
Utilities
- Electricity Available
- Sewer Available
- Water Available
Possession
- Close Of Escrow
- Subject To Tenant Rights
Vegetation
- Grassed
- Other
Current Use
- Commercial
- Multi-Family
- Single Family
LotFeatures
- Sidewalks
WaterSource
- Public
Lot Features
- Sidewalks
Possible Use
- Commercial
Water Source
- Public
Listing Terms
- Cash
- Conventional
Road Surface Type
- Paved
Development Status
- Recorded Plat
Acreage Description
- Less Than 14 Acre Lot
- Less Than 1 Acre Lot
Documents Available
- Aerial
Location of Property
- City Location
Elevation Description
- 0-5 Feet Above Sea Level
Specifications
Property Details
Location