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Home Florida Miami Single Family Homes Hollywood Beach HOLLYWOOD PARK

Single Family Home HOLLYWOOD PARK

$ 400,000
  • 2 bed
  • 2 bath
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Details
    • Listed on:
      June 22, 2026
    • Days on Market:
      -
    • Maintenance:
      n/a
    • Taxes:
      $ 4,783 per year
    • Year:
      1951
    • Furniture:
      -
    • Floor Description:
      -
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      None
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • Family Room
  • Exterior Features:
    • Fruit Trees
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Rare DH3 Redevelopment Opportunity – 10+ Unit Potential
Exceptional investment and development opportunity on a 6,720 sq ft lot zoned DH3 (Dixie Highway High Intensity Multi-Family District). This prime parcel allows up to 8,399 sq ft of total building area (FAR 1.25), 3 stories, and unlimited residential density.
The existing 2-bed/2-bath home (~730 sq ft, built 1951) is currently rented at $2,500/month, providing immediate cash flow. However, the real potential lies in redevelopment: this site can realistically support 10+ apartment units or a mixed-use building with retail on the ground floor.
Key Development Specs:

Max Building Area: 8,399 sq ft
Max Height: 35 ft / 3 stories
Minimum Open Space: 40%
Allowed Uses: Multifamily, mixed-use, retail, restaurants, offices, hotel, and more
Map view