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Faits saillants de l'investissement
- Dual-parcel assemblage offering income today and strategic redevelopment upside
- Strong location minutes from I-95 with consistent local renter demand
- RM-18 zoning supports increased density and multifamily construction and DH-2 zoning allows single and multifamily along with many commercial uses
- Opportunity to reposition, replan, or fully redevelop to maximize long-term value
Résumé de l'annonce
The combined offering of 411 Columbus Parkway and 2322 Johnson Street presents a compelling chance for investors and developers to acquire a well-located assemblage in the heart of Hollywood, Florida. Totaling approximately 0.86 acres across two parcels, the sites provide a rare blend of current income stability and meaningful long-term redevelopment potential in a rapidly strengthening submarket.
Situated just minutes from I-95, the properties benefit from exceptional regional connectivity and strong demand drivers, supported by consistent renter activity and a mix of residential and commercial uses in the immediate area. 411 Columbus Pkwy falls within SR7 RM-18 zoning designation, allowing for multifamily development of up to eighteen dwelling units per acre and 2322 Johnson Street is zoned DH-2, supporting single and multifamily along with various commercial uses, such as professional office, schools, places of worship and more.
For buyers who prioritize optionality, the existing seven units with long-term tenants generate reliable cash flow that can support a strategic hold while entitlements, planning, and design work are pursued. Alternatively, the land can be leveraged immediately for ground-up construction, offering a clean slate for developers seeking to maximize density, implement contemporary layouts, and capitalize on strong local absorption.
Please DO NOT disturb tenants. Call/Text Cami at 561-664-0139 for the offering memorandum, or to schedule a showing.
Situated just minutes from I-95, the properties benefit from exceptional regional connectivity and strong demand drivers, supported by consistent renter activity and a mix of residential and commercial uses in the immediate area. 411 Columbus Pkwy falls within SR7 RM-18 zoning designation, allowing for multifamily development of up to eighteen dwelling units per acre and 2322 Johnson Street is zoned DH-2, supporting single and multifamily along with various commercial uses, such as professional office, schools, places of worship and more.
For buyers who prioritize optionality, the existing seven units with long-term tenants generate reliable cash flow that can support a strategic hold while entitlements, planning, and design work are pursued. Alternatively, the land can be leveraged immediately for ground-up construction, offering a clean slate for developers seeking to maximize density, implement contemporary layouts, and capitalize on strong local absorption.
Please DO NOT disturb tenants. Call/Text Cami at 561-664-0139 for the offering memorandum, or to schedule a showing.
Faits sur la propriété
| Prix | 1 937 698 $ CAD | Nombre de propriétés | 2 |
| Condition de vente | Projet de redéveloppement | Individuellement en vente | 0 |
| Type de vente | Investissement | Superficie totale du terrain | 0,86 AC |
| Statut | Actif |
| Prix | 1 937 698 $ CAD |
| Condition de vente | Projet de redéveloppement |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Superficie totale du terrain | 0,86 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Prix individuel |
|---|---|---|---|
| 411 Columbus Pky, Hollywood, FL 33021 | Terrain | 0,62 AC | - |
| 2322 Johnson St, Hollywood, FL 33020 | Terrain | 0,24 AC | - |
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Prime Redevelopment Opportunity
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