1910 Washington St, Hollywood, FL 33020

$995,000

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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
300
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: