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2322 Johnson St 0.24 Acres of Commercial Land Offered at $500,000 in Hollywood, FL 33020
Investment Highlights
- Develop 0.24 acres of commercial land while taking advantage of an already existing cash flow
- This property is currently a duplex (1/1 and studio) successfully operating, with upside potential due to lower rents.
- The duplex may be bought together with an additional 5 units located at 411 Columbus Pkwy, also in Hollywood, for a total of 0.86 acres and $1.4M.
- Zoned DH-2, great for commercial uses, office, multifamily, schools, or places of worship
- Upside potential in net income based on Section 8 rent limits for the area - Please inquire
Executive Summary
Excellent opportunity to own 0.24 acres zoned DH-2, great for commercial uses, office, multifamily, schools, or places of worship. This property is currently a duplex (1/1 and studio) successfully operating, with upside potential due to lower rents. This is a great opportunity to develop land while taking advantage of an already existing cash flow, or keep as multifamily for the income and potential upside. The duplex may be bought together with an additional 5 units located at 411 Columbus Pkwy, 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.
Property Facts
| Price | $500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.24 AC |
| Property Type | Land | ||
| Zoning | DH-2 | ||
| Price | $500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.24 AC |
| Zoning | DH-2 |
1 Lot Available
Lot
| Price | $500,000 | Lot Size | 0.24 AC |
| Price Per AC | $2,075,377.72 |
| Price | $500,000 |
| Price Per AC | $2,075,377.72 |
| Lot Size | 0.24 AC |
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Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 51-42-16-01-4630 | Improvements Assessment | $209,920 |
| Land Assessment | $94,100 | Total Assessment | $315,480 |
Property Taxes
Parcel Number
51-42-16-01-4630
Land Assessment
$94,100
Improvements Assessment
$209,920
Total Assessment
$315,480
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2322 Johnson St