2306 Van Buren St - Commercial LAND FOR SALE


Hollywood, FL 33020- Highland Garden20,473 SF
$2,000,000 USD
954-743-7594
2306 Van Buren St, Hollywood, FL for Sale
$2,000,000 USD
Commercial LAND - FOR SALE
1/7
20,473 SF

2306 Van Buren St
Hollywood, FL 33020
Highland Garden


HIGHLIGHTS

  • Fully Approved Development Site: Entitled 36-unit project with approved plans, ready for immediate execution.
  • Flexible Redevelopment Timeline: Month-to-month tenancies provide near-term income and redevelopment flexibility.
  • Well-Balanced Unit Mix: Diverse floor plans designed to appeal to a broad renter base.
  • Strong Pro Forma Income: Projected gross operating income of approximately $1.27 million.
  • Exceptional Hollywood Location: Minutes from Downtown, US-1, Fort Lauderdale Airport, and the beach.

OVERVIEW

Rare development opportunity at 2306 Van Buren St with approved plans for a 36-unit project. The property is zoned DH-2, allowing for strong redevelopment potential in a growing area. The unit mix includes 15 one-bedroom units, 12 one-bedroom plus den units, 3 two-bedroom units, and 6 three-bedroom units, offering a well-balanced layout for strong rental demand. The property is currently occupied with all tenants on month-to-month leases, providing flexibility for redevelopment while generating in-place income. With a pro forma gross operating income of $1,268,080, this site presents a compelling opportunity for developers seeking to capitalize on a high-upside project. Ideally located approximately 3 minutes to Downtown Hollywood and Young Circle, 5 minutes to US-1, 10 minutes to Fort Lauderdale–Hollywood International Airport, and 10 minutes to the beach, offering excellent accessibility and strong rental demand drivers.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/ACRE

$4,255,319/AC

PRICE/SF

$98 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Van Buren

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.47 AC

LAND SF

20,473 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

DH-2,RM-18

APN/PARCEL ID

51-42-16-01-2640

ASK ABOUT THIS PROPERTY

Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

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Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

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