$5,999,900
Prime development opportunity in an opportunity zone! **zoning:** flexible mixed-use zoning allows for various uses, including hotels, commercial, and residential, with potential for up to 5 stories and 79,683 sf. **growth potential:** surrounded by high-rise buildings and mixed-use projects. **development opportunity:** ideal for developers to generate income from office or retail tenants during planning and approval. proforma income of $230,000 with a total built area of 10,115 sq ft. **parking:** 30 spaces with a ratio of 3 per 1,000 sq ft. **location:** prime frontage on us-1 with 44,000 vpd, providing excellent exposure and signage opportunities.1040 COLLINS AVE, HOLLYWOOD, FL 33020
Multi Family - for Sale
1040 COLLINS AVE, HOLLYWOOD, FL 33020Asking Price$5,999,900
- Lot size 26596sqft
- Taxes: Register to see
- Year Built 1936
-
Days on market:
2 day(s) Original Price:
$5,999,900Tax Legal Description:
HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 12 TO 14,15 LESS E 7 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC WHICH IS TANG TO S/L LOT 15-
MLS:
A11627630 -
Property Type:
Multi Family -
Parking:
Free Parking On Street -
Waterfrontage (sqft):
157
Construction Type:
Cbs ConstructionCooling Description:
Central Building A/CHeating Description:
Central ElectricCentral Building A/CSpecial Listing Conditions:
SaleLot Features:
Central Business District City Location Corner Lot