Commercial property in Hollywood, Florida № 1210367

Property description

Incredible investment opportunity in Hollywood! This multifamily treasure accommodates 10 tenants across 3 buildings on a spacious 20,522 SqFt lot. Conveniently situated near I-95 and just minutes from the ocean, it offers both accessibility and allure. Featuring (10 non-conforming units): three 2/1 units, three 1/1 units, and 4 studios. Although it provides a solid 6.24% return, updating rents to current market rates can further elevate returns.
The future redevelopment potential (zoned as RM-18) provides an additional amazing opportunity. Don't miss out on this prime location amidst a city approving higher density projects in the area!
Seller Financing available!!!