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Prime Redevelopment Opportunity 2 Land Properties Offered at $1,400,000 in Hollywood, FL

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Investment Highlights

  • Dual-parcel assemblage offering income today and strategic redevelopment upside
  • Strong location minutes from I-95 with consistent local renter demand
  • RM-18 zoning supports increased density and multifamily construction and DH-2 zoning allows single and multifamily along with many commercial uses
  • Opportunity to reposition, replan, or fully redevelop to maximize long-term value

Executive Summary

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.

Property Facts

Price $1,400,000
Sale Condition Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Land Area 0.86 AC

Properties

Property Name / Address Property Type Size Individual Price
411 Columbus Pky, Hollywood, FL 33021 Land 0.62 AC -
2322 Johnson St, Hollywood, FL 33020 Land 0.24 AC -
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  • Listing ID: 39492703

  • Date on Market: 2/19/2026

  • Last Updated:

  • Address: Prime Redevelopment Opportunity, Hollywood, FL

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