1910 Washington St, Hollywood, FL 33020
- $995,000
- List Price
- $995,000
- MLS#
- A11899548
- Status
- ACTIVE
- Type
- Commercial
Property Description
The Subject property is a fully approved, shovel-ready 9-unit multifamily development in the heart of Hollywood, Florida. The property features a 1,986± SF duplex on an 8,283± SF lot (PS-1 zoning), currently leased to two tenants generating $5,000/month. Approved plans include a modern 9-unit building, 10 parking spaces, and landscaping designed to meet all city standards. Once stabilized, the project is expected to produce $295k in gross annual income, $222,750 NOI, and a 9.3% cap rate. Located near Downtown Hollywood, Young Circle, and major highways, this is a turnkey opportunity for investors or developers.
Additional Information
- Days on Market
- 372
- Tax Amount
- $10,212
- Parcel Number
- 514222100840
- Lot Size
- 8,283
- Address
- 1910 Washington St, Hollywood
- Year Built
- 1949
- Section
- 22
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Listing Courtesy of RE/MAX 5 Star Realty, Contact: