Rare development opportunity at 2306 Van Buren St with approved plans for a 36-unit project. The property is zoned DH-2, allowing for strong redevelopment potential in a growing area. The unit mix consists of 18 one-bedroom units, 12 two-bedroom units, and 6 three-bedroom units, offering a well-balanced layout that supports strong rental demand. The property is currently occupied with all tenants on month-to-month leases, providing flexibility for redevelopment while generating in-place income. With a pro forma gross operating income of $1,268,080, this site presents a compelling opportunity for developers seeking to capitalize on a high-upside project. Ideally located approximately 3 minutes to Downtown Hollywood and Young Circle, 5 minutes to US-1, 10 minutes to Fort Lauderdale?Hollywood International Airport, and 10 minutes to the beach, offering excellent accessibility and strong rental demand drivers.
Listed By
Agency Name: Fausto Commercial Realty Consultants Inc
Agency Phone: 786-748-7373
Shown By
Agent Name: Nye Mosher Schwartz, PA
Agent Phone: Cell: (954) 701-3346
Agency Title: Realty 100
Estimated Payment
$ 7,494.88 per month $4,451.13 Principal & Interest $2,460.42 Property Tax $583.33 Homeowner's Insurance
2306 Van Buren St | MLS# A11985921
This land located at 2306 Van Buren St, Hollywood, FL 33020 is currently listed for sale with an asking price of $2,000,000. The property has approximately 0.47 Acres. Search Hollywood real estate on www.nyesellshomes.com today.