About this Property
ATTENTION INVESTORS & DEVELOPERS — RARE PS-1 OPPORTUNITY
High-upside redevelopment in a prime Hollywood, FL Parkside corridor. This ~8,189 SF (0.188 acre) PS-1 zoned lot offers strong multi-family potential with FAR up to 1.25 and height up to 4 stories / 45 ft.
We have architect plans & designs ready for a modern 2-story duplex featuring 4 beds, 4.5 baths + private pool.
Land zoned to built up to 9 units development potential
City confirmation on unit count, density bonuses, and Floating Density Factor available upon request.
Existing single-family home (built 1959, ~1,395 SF, 3 bed/2 bath) allows conventional financing and immediate rental income while redeveloping. Property is currently licensed for short term rental.
VALUE-ADD & EXPANSION POTENTIAL
• Cash flow from current rental.
• Prime infill in desirable neighborhood.
Rare PS-1 lot with existing home. Don't miss this!
Construction management from A to Z available
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Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Luxe Properties.