0.35 Acres Lot
0.35 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Hollywood Little Ranches
MLS Listing ID A11989396
HOA Y/N No
Annual Tax Amount $7,361
Tax Year 2025
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Residential
Property Description
With conventional financing, an investor could achieve:
• Equity Multiple: 1.88x;
• Net Investment Return: 88%.
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/1.1 bath, 3 units with 2 bed/2 bath and 1 unit with 3 bed/3 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!
Location
State FL
County Broward
Community Hollywood Little Ranches
Area 3050
Zoning DH-2
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available
Street Surface Paved
Private Pool Yes
Building
Lot Description 1/4 to 1/2 Acre Lot
Faces North
Water Public
Others
Tax ID 514216012010
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11989396
Nearby Locations
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