We are excited to present a rare development opportunity lot in the heart of Hollywood. This DH-2 zoned site is shovel-ready, with approved plans and permits for a 4-story, 27-unit multi-family building. The project comes with approved Plans and the Permit!

With conventional financing, an investor could achieve:

• Equity Multiple: 2+
• Net Investment Return: 103%

The development plan includes:

• Spacious 1, 2, and 3-bedroom units
• Rooftop deck with open-air pool
• Green space amenity with sun deck, BBQ area, and lounge zone
• Fitness center
• 34 covered parking spaces plus bicycle parking

Project and plans include 27 units total: 23 units with 1 bed/1.1 bath, 3 units with 2 bed/2 bath and 1 unit with 3 bed/3 bath.

The site is just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, offering excellent access to restaurants, arts, and transit.

Project highlights:

• Approved construction plans available
• Full geotechnical investigation completed
• Zoning and permitting confirmed for immediate build-out

Close with the permit in hand and start construction the next day!

• Hollywood is booming with over $1.5B in real estate development surrounding Young Circle
• Rapidly growing rental market with new leases surpassing $3/SQFT
• New construction condo sales exceeding $700/SQFT
• Located in a well-established residential community surrounded by homes valued up to $7M+
• Strong local school district and family-friendly amenities
• Steady home price growth for 12 consecutive years
• With conventional financing, an investor could achieve: Equity Multiple: 2+ & Net Investment Return: 103%
• Home values in Florida have surged by 164% over the past decade – jumping from an average of $144,464 in 2013 to $381,922 in 2023