Hollywood, FL

1938-1942 Taylor St, Hollywood FL 33020

$2,500,000

Key Details

Status
Active
Property Type
Commercial Land

Overview

Opportunity to acquire 2 folios, side by side properties walking distance to Young Circle Downtown Hollywood. Being sold with plans for 18 units. Seven 2 Bed 2 Bath units and Eleven 1 Bed 1 Bath units. 10,760 sq.ft of land currently has 2 multifamily dwellings on it with gross income of $103,200. Zoned ND3 and provides a 3.0 FAR with a height of 10 stories and up to 140 feet. The property is in the process of obtaining the site plan approval and has completed many of the modification request from the city. High development activity in the surrounding area. Tons of new construction commercial and residential development approved by City.

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