
We are excited to present a rare development opportunity lot in the heart of Hollywood. This DH-2 zoned site is shovel-ready, with approved plans and permits for a 4-story, 27-unit multi-family building. The project comes with approved Plans and the Permit!With conventional financing, an investor could achieve:? Equity Multiple: 2.5+? Gross Return: 155%+The development plan includes:? Spacious 1, 2, and 3-bedroom units? Rooftop deck with open-air pool? Green space amenity with sun deck, BBQ area...We are excited to present a rare development opportunity lot in the heart of Hollywood. This DH-2 zoned site is shovel-ready, with approved plans and permits for a 4-story, 27-unit multi-family building. The project comes with approved Plans and the Permit!With conventional financing, an investor could achieve:? Equity Multiple: 2.5+? Gross Return: 155%+The development plan includes:? Spacious 1, 2, and 3-bedroom units? Rooftop deck with open-air pool? Green space amenity with sun deck, BBQ area, and lounge zone? Fitness center? 34 covered parking spaces plus bicycle parking.Project and plans include 27 units total: 23 units with 1 bed/1 bath, 3 units with 2 bed/2 bath and 1 unit with 3 bed/2 bath.The site is just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, offering excellent access to restaurants, arts, and transit.Project highlights:? Approved construction plans available? Full geotechnical investigation completed? Zoning and permitting confirmed for immediate build-out.Close with the permit in hand and start construction the next day!
View MoreCourtesy of
Agency Name: Trybal Group LLC
Agency Phone: 312-927-9724
Agent Name: Mike Kaplun
Presented by
Agent Name: Elizabeth Perez Team
Agent Phone: 305.984.6344
Agency Title: The Keyes Company
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2242 Monroe St, Hollywood, FL 33020.
Email 2242 Monroe St, Hollywood, FL 33020
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Assistant District Sales Manager, Luxury & Commercial Specialist