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411 Columbus Pky 0.62 Acres of Commercial Land Offered at $900,000 in Hollywood, FL 33021
Investment Highlights
- Develop 0.62 acres of land in strong Hollywood location just minute from I-95, while advantaging from an already existing cash flow!
- 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.
Executive Summary
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.
Property Facts
| Price | $900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.62 AC |
| Property Type | Land |
| Price | $900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.62 AC |
1 Lot Available
Lot
| Price | $900,000 | Lot Size | 0.62 AC |
| Price Per AC | $1,451,612.90 |
| Price | $900,000 |
| Price Per AC | $1,451,612.90 |
| Lot Size | 0.62 AC |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $325,090 | |
| Land Assessment | $121,500 | Total Assessment | $598,840 |
Property Taxes
Parcel Numbers
Land Assessment
$121,500
Improvements Assessment
$325,090
Total Assessment
$598,840
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411 Columbus Pky