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Income/MultiFamily - HOLLYWOOD SOUTH SIDE ADD for Sale

1741 DEWEY ST, HOLLYWOOD, FL 33020

Asking Price$1,950,000 Change Price$250,000

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  • Days on market:

    269 day(s)
  • Original Price:

    $2,700,000
  • Tax Legal Description:

    HOLLYWOOD SOUTH SIDE ADD 3-16 B E1/2 OF LOT 4 & ALL OF LOT 5, BLK 8
  • Tax Year:

    2024
  • Property Type:

    Income/MultiFamily
  • Waterfrontage (sqft):

    60
  • Lot Features:

    City Location Urban Area Development Less Than 1 Acre

Description

$1,950,000

13,550 sf of land consisting of two parcels, zoned fh-2, east of federal hwy! by young circle, downtown hollywood 15 min to int'l ft laud airport. very nice neighboring buildings and new projects coming up in a very hot area of the city. project: 24-unit multi-family building consisting of 12 2/2 units, 4 1/1.5 units and 8 1/1 units, with swimming pool over structured parking, and gym and social room on rooftop. architectural plans developed by renowned kaller architecture. layout and elevations only – no engineering plans yet. not submitted to city of hollywood for preliminary review yet. one of the parcels has fourplex building in good condition including 2 recently renovated units. generating monthly income of approximately $6,000/m while development is underway. only sold together.

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