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$890,000
A12056672 MLS
Exceptional development opportunity in the highly sought-after Historic District of Hollywood Lakes. The property has been cleared following demolition, with only the two walls required for historic-preservation compliance remaining in place. Architectural plans have been approved by both the Historic Preservation Board and the City of Hollywood, and the building permit has been approved with the associated permit fees paid—allowing the future owner to move forward without navigating years of design, historic review, and municipal approvals.The approved plans envision an approximately 2,995-square-foot, two-story single-family residence featuring four bedrooms, five-and-a-half bathrooms, a covered garage, swimming pool, and outdoor kitchen, thoughtfully designed for elevated South Florida living and entertaining.A rare, shovel-ready opportunity to acquire a prime Hollywood Lakes property with demolition completed and the design, approval, and permitting process substantially finalized. Buyer to independently verify the current permit status, approved plans, dimensions, and all construction requirements with the appropriate authorities.

1404 Jackson Street, Hollywood

$1,750,000
B26035471 MLS
Prime redevelopment opportunity in Hollywood's rapidly transforming DH-2 corridor. Ideal for investors, developers, and owner-users seeking exposure to one of South Florida's most active urban infill markets. Conveniently located near Downtown Hollywood, Young Circle, US-1, beaches, and major employment centers. Existing improvements may provide interim income while pursuing future redevelopment. The area continues to benefit from revitalization, new mixed-use projects, and strong rental demand. Seller financing available for qualified buyers with as little as 40% down and a below-market interest rate, creating a unique opportunity. the assemblage may support a future residential development program of approximately 29 to 32 units subject to zoning verification, site planning and parking. Executive Summary The Buchanan Street / North 20th Avenue assemblage presents a rare East Hollywood Mid-Core opportunity combining durable in-place income, attractive seller financing, and meaningful long-term redevelopment potential. The portfolio consists of 1948 Buchanan Street, 1952 Buchanan Street, and 615 North 20th Avenue, totaling nine residential units with a rear gated parking area in one of Hollywood's most dynamic redevelopment corridors. As currently improved, the 9-unit apartment complex generates immediate cash flow with an estimated 5% capitalization rate, providing investors with stable income from day one while preserving the flexibility to pursue future redevelopment. Unlike traditional development sites that often require carrying costs without income, this assemblage allows investors to collect revenue while planning and entitling a higher-density project. Further enhancing the investment opportunity, the seller is willing to provide purchase money financing with as little as 40% down and a below-market interest rate. This structure significantly reduces the purchaser's upfront equity requirement, improves cash-on-cash returns, and creates positive leverage that may outperform conventional financing alternatives. In today's lending environment, access to favorable seller financing represents a substantial economic advantage and may allow investors to achieve enhanced returns while preserving capital for future improvements or development activities. Beyond the existing income stream, the property's greatest value may lie in its redevelopment potential. Based upon preliminary planning assumptions, the assemblage may support a future residential development program of approximately 29 to 32 units, subject to zoning verification, site planning, parking requirements, utility capacity, and municipal approvals. The combination of existing income, assembled land area, and redevelopment flexibility creates a compelling covered-land investment strategy. Investment Highlights Current Yield Strategy • Nine-unit multifamily assemblage with immediate income. • Estimated 5% in-place capitalization rate. • Rear gated parking area providing operational flexibility and tenant appeal. • Potential for continued rental growth through proactive asset management. Enhanced Returns Through Seller Financing • Seller willing to hold a purchase money mortgage. • Approximately 40% down payment requirement. • Below-market interest rate. • Improved cash-on-cash returns and reduced equity exposure. • Ability to preserve capital for future value-add improvements or redevelopment planning. Future Development Opportunity • Preliminary redevelopment potential of approximately 29 to 32 residential units. • Located within a rapidly evolving East Hollywood corridor benefiting from continued investment and redevelopment activity. • Opportunity to create substantial land value through future entitlement and development. • Existing income stream helps offset carrying costs during the planning and entitlement process. The Buchanan Street assemblage is therefore positioned as more than a traditional multifamily acquisition. It is a strategic Mid-Core investment offering three distinct value drivers: immediate cash flow, favorable seller financing, and long-term redevelopment optionality. Few opportunities offer investors the ability to generate current income, enhance returns through attractive financing terms, and maintain control of a site with meaningful future development potential.

1954 Buchanan Street, Hollywood

$1,500,000
B26010459 MLS
Shovel-ready development opportunity in the heart of Downtown Hollywood. This fully entitled 16,360 SF (~0.38-acre) site includes approved plans for a 29-unit boutique multifamily project totaling 32,351 buildable SF, with permits potentially deliverable at closing, allowing for immediate construction. Planned features include a courtyard garden, rooftop pool and lounge, fitness center, and 44 parking spaces. Efficient unit mix of one- to three-bedroom residences (approx. 700-1,425 SF) designed to meet strong rental demand. Prime location just steps from Young Circle and Hollywood Boulevard's dining, retail, and entertainment. Zoned ND-2, supporting mid-rise multifamily development in one of Broward County's fastest-growing, walkable urban corridors.

1920 Pierce Street, Hollywood