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Investment Highlights
- Develop 0.24 acres of commercial land while taking advantage of an already existing cash flow
- This property is currently a duplex (1/1 and studio) successfully operating, with upside potential due to lower rents.
- Zoned DH-2, great for commercial uses, office, multifamily, schools, or places of worship
- The duplex may be bought together with an additional 5 units located at 411 Columbus Pkwy, also in Hollywood, for a total of 0.86 acres and $1.4M.
Executive Summary
Excellent opportunity to own 0.24 acres zoned DH-2, great for commercial uses, office, multifamily, schools, or places of worship. This property is currently a duplex (1/1 and studio) successfully operating, with upside potential due to lower rents. This is a great opportunity to develop land while taking advantage of an already existing cash flow, or keep as multifamily for the income and potential upside. The duplex may be bought together with an additional 5 units located at 411 Columbus Pkwy, also in Hollywood, for a total of 0.86 acres and $1.4M. Please Call/Text Cami at 561-664-0139 for the offering memorandum and more information.
Property Facts
| Price | $688,750 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.24 AC |
| Property Type | Land | ||
| Zoning | DH-2 | ||
| Price | $688,750 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.24 AC |
| Zoning | DH-2 |
1 Lot Available
Lot
| Price | $688,750 CAD | Lot Size | 0.24 AC |
| Price Per AC | $2,858,832.93 CAD |
| Price | $688,750 CAD |
| Price Per AC | $2,858,832.93 CAD |
| Lot Size | 0.24 AC |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 51-42-16-01-4630 | Improvements Assessment | $287,590 CAD |
| Land Assessment | $128,917 CAD | Total Assessment | $416,507 CAD |
Property Taxes
Parcel Number
51-42-16-01-4630
Land Assessment
$128,917 CAD
Improvements Assessment
$287,590 CAD
Total Assessment
$416,507 CAD
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