2135-2237 Washington St - Apartments FOR SALE


Hollywood, FL 33020- Highland Garden
$1,700,000 USD
954-268-9812
2135-2237 Washington St, Hollywood, FL for Sale
$1,700,000 USD
Apartments - FOR SALE
1/37
null | 3.31% Cap Rate

2135-2237 Washington St
Hollywood, FL 33020
Highland Garden


HIGHLIGHTS

  • Location to Downtown Hollywood
  • Proximity to other developed sites

OVERVIEW

Exceptional redevelopment opportunity in the heart of Hollywood. This 0.53-acre parcel is zoned for up to 30 residential units, with architectural plans already available. The property currently includes seven fully leased rental units, providing consistent income while you move forward with entitlements. Positioned just one parcel west of a newly approved 96-unit affordable housing development on Dixie Highway, this site offers strong long-term growth potential. Possibility for land assemblage with adjacent parcels adds to the value of this strategic investment.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$359 USD /SF

# OF UNITS

7

PRICE/UNIT

$242,857

CAP RATE

3.31%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,165 SF

ZONING

RMCRA-18

APN/PARCEL ID

51-42-16-20-0030

ASK ABOUT THIS PROPERTY

Javier IglesiasThe Real Estate ShoppeMore Info
954-268-9812

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Javier IglesiasThe Real Estate ShoppeMore Info
954-268-9812

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.