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2202 Van Buren St 0.47 Acres of Commercial Land Offered at $3,034,372 CAD in Hollywood, FL 33020
Investment Highlights
- Shovel-Ready Development Site: Fully entitled project planned for 39 residential units.
- Prime Hollywood Location: Positioned in the heart of Hollywood, minutes from Downtown Hollywood and major transportation corridors.
- Excellent Connectivity: Approximately 10 minutes from Fort Lauderdale-Hollywood International Airport and under 15 minutes to Hollywood Beach.
- Strong Income Potential: Projected pro forma Gross Operating Income (GOI) of approximately $1.3 million.
- Large Development Parcel: Situated on a 20,501 SF lot with significant scale and development potential.
Executive Summary
Prime development opportunity in the heart of Hollywood. 2202 Van Buren St is a shovel-ready development site planned for 39 residential units, situated on a 20,501 SF lot, and offering a projected pro forma Gross Operating Income (GOI) of $1.3M. This is a rare opportunity for investors or developers to step into a fully entitled project with strong upside in a rapidly growing market.
Ideally located just minutes from Downtown Hollywood, the site provides convenient access to major highways including I-95 and US-1, is approximately 10 minutes from Fort Lauderdale-Hollywood International Airport, and less than 15 minutes to Hollywood Beach. Surrounded by strong rental demand, retail, dining, and employment centers, the location supports long-term growth and value appreciation.
Ideally located just minutes from Downtown Hollywood, the site provides convenient access to major highways including I-95 and US-1, is approximately 10 minutes from Fort Lauderdale-Hollywood International Airport, and less than 15 minutes to Hollywood Beach. Surrounded by strong rental demand, retail, dining, and employment centers, the location supports long-term growth and value appreciation.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$1,796,624
|
$3,822,604.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,796,624
|
$3,822,604.26
|
| Taxes |
$422,054
|
$897,986.26
|
| Operating Expenses |
$205,868
|
$438,017.74
|
| Total Expenses |
$627,922
|
$1,336,004.00
|
| Net Operating Income |
$1,168,702
|
$2,486,600.26
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,796,624 |
| Annual Per AC | $3,822,604.26 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,796,624 |
| Annual Per AC | $3,822,604.26 |
| Taxes (CAD) | |
|---|---|
| Annual | $422,054 |
| Annual Per AC | $897,986.26 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $205,868 |
| Annual Per AC | $438,017.74 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $627,922 |
| Annual Per AC | $1,336,004.00 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $1,168,702 |
| Annual Per AC | $2,486,600.26 |
Property Facts
| Price | $3,034,372 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.47 AC |
| Property Type | Land | ||
| Zoning | DH-2 - RE-DEVELOPMENT ZONE, DIXIE HIGHWAY MEDIUM DENSITY, MULTIFAMILY 20,501 SF | ||
| Price | $3,034,372 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.47 AC |
| Zoning | DH-2 - RE-DEVELOPMENT ZONE, DIXIE HIGHWAY MEDIUM DENSITY, MULTIFAMILY 20,501 SF |
1 Lot Available
Lot
| Price | $3,034,372 CAD | Lot Size | 0.47 AC |
| Price Per AC | $6,456,110.38 CAD |
| Price | $3,034,372 CAD |
| Price Per AC | $6,456,110.38 CAD |
| Lot Size | 0.47 AC |
1 1
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 51-42-16-01-2700 | Total Assessment | $1,057,935 CAD |
| Land Assessment | $256,943 CAD | Annual Taxes | $422,054 CAD |
| Improvements Assessment | $800,992 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
51-42-16-01-2700
Land Assessment
$256,943 CAD
Improvements Assessment
$800,992 CAD
Total Assessment
$1,057,935 CAD
Annual Taxes
$422,054 CAD
Tax Year
2026
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2202 Van Buren St
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