The combined offering of 411 Columbus Parkway and 2322 Johnson Street presents a compelling chance for investors and developers to acquire a well-located assemblage in the heart of Hollywood, Florida. Totaling approximately 0.86 acres across two parcels, the sites provide a rare blend of current income stability and meaningful long-term redevelopment potential in a rapidly strengthening submarket.
Situated just minutes from I-95, the properties benefit from exceptional regional connectivity and strong demand drivers, supported by consistent renter activity and a mix of residential and commercial uses in the immediate area. 411 Columbus Pkwy falls within SR7 RM-18 zoning designation, allowing for multifamily development of up to eighteen dwelling units per acre and 2322 Johnson Street is zoned DH-2, supporting single and multifamily along with various commercial uses, such as professional office, schools, places of worship and more.
For buyers who prioritize optionality, the existing seven units with long-term tenants generate reliable cash flow that can support a strategic hold while entitlements, planning, and design work are pursued. Alternatively, the land can be leveraged immediately for ground-up construction, offering a clean slate for developers seeking to maximize density, implement contemporary layouts, and capitalize on strong local absorption.
Please DO NOT disturb tenants. Call/Text Cami at 561-664-0139 for the offering memorandum, or to schedule a showing.