Single Family Home HOLLYWOOD LITTLE RANCHES

$ 730,000
  • 2 bed
  • 1 bath
  • 12,310 ft2 (1,144 m2)
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Details
    • Listed on:
      January 24, 2025
    • Days on Market:
      43
    • Maintenance:
      n/a
    • Taxes:
      $ 8,023 per year
    • Year:
      1942
    • Furniture:
      -
    • Floor Description:
      Ceramic Floor
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      None
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • Split Bedroom
    • Separate Guest/In-Law Quarters
  • Exterior Features:
    • Fruit Trees
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
The owner is highly motivated and prioritizing owner financing as the first option, making this an exceptional opportunity for investors and developers. This oversized 13,000 SF lot in Hollywood offers tremendous potential for multi-family development, with DH-2 zoning allowing up to four floors.

Currently, the property features a 3/2.5 main house, a 2-story 2/1 guest house generating $2,000/month, and over 2,500 SF of combined living space. Additional highlights include a pool, ample parking, and a new roof installed in 2021. Ideally located just steps from Hollywood Blvd, Downtown Hollywood, Young Circle, and the beaches, with easy access to I-95, this property offers prime redevelopment potential
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