Prime investment opportunity in Hollywood featuring a versatile 3 bedroom, 2 bathroom property with a pool on a 6,759 Sq Ft lot. The property is zoned for multiple typologies including apartment building, duplex, single family, and townhouse developmentoffering maximum flexibility for investors and developers. Income Potential: Based on current market comparables, 1 bed/1 bath units with full kitchen and living area rent for approximately $2,300 $2,500/month, while efficiency style units generate $1,750 $2,000/month. Value Add Opportunities: Reconfigure into multiple units, convert to a duplex or small apartment layout, and transform the garage into an additional income producing unit with direct pool access. Development Upside: The spacious lot allows for expansion or redevelopment to further increase returns. Flood Zone: Located in FEMA Flood Zone X (0.2% annual chance flood hazard), typically not requiring mandatory flood insurance (buyer to verify). Location: Prime South Florida area near beaches, major highways, and shopping centers with strong rental demand. Ideal for long term rentals, short term rental strategies (subject to local regulations), or multi generational living, with the pool adding strong tenant appealthis property presents a rare opportunity to secure a high performing, multi use asset with multiple exit strategies. Property offers the potential to be converted into a triplex configuration, with the opportunity to remodel the existing garage into an additional income producing unit. The garage space includes washer and dryer hookups and provides direct, convenient access to the pool area, enhancing both functionality and rental appeal. This layout supports multiple unit configurations, making it ideal for investors seeking to maximize cash flow and overall property value.
Prime investment opportunity in Hollywood featuring a versatile 3 bedroom, 2 bathroom property with a pool on a 6,759 Sq Ft lot. The property is zoned for multiple typologies including apartment building, duplex, single family, and townhouse developmentoffering maximum flexibility for investors and developers. Income Potential: Based on current market comparables, 1 bed/1 bath units with full kitchen and living area rent for approximately $2,300 $2,500/month, while efficiency style units generate $1,750 $2,000/month. Value Add Opportunities: Reconfigure into multiple units, convert to a duplex or small apartment layout, and transform the garage into an additional income producing unit with direct pool access. Development Upside: The spacious lot allows for expansion or redevelopment to further increase returns. Flood Zone: Located in FEMA Flood Zone X (0.2% annual chance flood hazard), typically not requiring mandatory flood insurance (buyer to verify). Location: Prime South Florida area near beaches, major highways, and shopping centers with strong rental demand. Ideal for long term rentals, short term rental strategies (subject to local regulations), or multi generational living, with the pool adding strong tenant appealthis property presents a rare opportunity to secure a high performing, multi use asset with multiple exit strategies. Property offers the potential to be converted into a triplex configuration, with the opportunity to remodel the existing garage into an additional income producing unit. The garage space includes washer and dryer hookups and provides direct, convenient access to the pool area, enhancing both functionality and rental appeal. This layout supports multiple unit configurations, making it ideal for investors seeking to maximize cash flow and overall property value.
Features
Building and Construction
Exterior Features: None
Flooring: Tile, Vinyl
Roof: Concrete
School Information
High School: South Broward
Middle School: Olsen
School Elementary: Oakridge
Eco-Communities
Pool Features: In Ground
Water Source: Public
Utilities
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Pets Allowed: Yes, No Restrictions
Sewer: Public Sewer
Utilities: Electricity Available, Sewer Available, Water Available
Finance and Tax Information
Tax Year: 2025
Rental Information
Tenant Pays: Electricity, Water
Other Features
Legal Description: HOLLYWOOD PARK 4-19 B LOT 24 BLK 53
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