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5912 Tyler Street - Hollywood Redevelopment Opportunity 0.91 Acres of Commercial Land Offered at $5,297,517 CAD in Hollywood, FL 33021
INVESTMENT HIGHLIGHTS
- Situated near the corner of State Road 7 and Hollywood Boulevard.
- Alley behind Property.
- Frontage on three streets.
- Positioned to benefit from the city’s vision for revitalization and beautification of “The 7”, making it a compelling site for developers & investors.
- 6 Contiguous Lots.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $5,297,517 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.91 AC |
| Zoning | S-MU - Multifamily | ||
| Price | $5,297,517 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.91 AC |
| Zoning | S-MU - Multifamily |
1 LOT AVAILABLE
Lot
| Price | $5,297,517 CAD | Lot Size | 0.91 AC |
| Price Per AC | $5,823,296.13 CAD |
| Price | $5,297,517 CAD |
| Price Per AC | $5,823,296.13 CAD |
| Lot Size | 0.91 AC |
75% of the property is currently Parking Lot and the remainder is one Single Family Home.
DESCRIPTION
Great Redevelopment Opportunity at the West Gateway to the Hollywood Boulevard Corridor! Property is centrally located near the corner of State Road 7 and Hollywood Boulevard, directly across from the 8.20 Acre parcel purchased by Memorial Health for $49 million in April of 2023. This 6 lot (3 Tax ID's 514113031790, 514113031780, 514113031770) assemblage includes: 5912 Tyler Street, XXXX Tyler Street and XXXX N 59th Avenue. All parcels are zoned S-MU, 50 dwelling units per acre OR 100 units per acre if intended use is Hotel/Lodging. Maximum Height is up to 17 Stories or 175 feet, .91 Total Acreage, Don't miss your chance to be part of the city’s exciting vision for new development and beautification of “The 7”.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $44,982 CAD | |
| Land Assessment | $345,051 CAD | Total Assessment | $390,034 CAD |
PROPERTY TAXES
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5912 Tyler Street - Hollywood Redevelopment Opportunity
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