Excellent opportunity to develop 0.62 acres of land in strong Hollywood location just minute from I-95, while advantaging from an already existing cash-flow! The current property is a successful 5 unit multifamily with long term tenants and upside potential. Opportunity to reposition, replan, or fully redevelop to maximize long-term value. RM-18 zoning supports increased density and multifamily construction of up to 18 du/acre (zoned SR7 RM-18). An additional 0.24 acres of land are available for sale at 2322 Johnson St, also in Hollywood for a total of 0.86 acres and $1.4M. Please Call/Text Cami at 561-664-0139 for the offering memorandum and more information.