UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $571
Subdivision Hollywood Park
MLS Listing ID A12041315
Style One Story
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1951
Annual Tax Amount $4,783
Tax Year 2025
Property Sub-Type Single Family Residence
Property Description
Exceptional investment and development opportunity on a 6,720 sq ft lot zoned DH3 (Dixie Highway High Intensity Multi-Family District). This prime parcel allows up to 8,399 sq ft of total building area (FAR 1.25), 3 stories, and unlimited residential density.
The existing 2-bed/2-bath home (~730 sq ft, built 1951) is currently rented at $2,500/month, providing immediate cash flow. However, the real potential lies in redevelopment: this site can realistically support 10+ apartment units or a mixed-use building with retail on the ground floor.
Key Development Specs:
Max Building Area: 8,399 sq ft
Max Height: 35 ft / 3 stories
Minimum Open Space: 40%
Allowed Uses: Multifamily, mixed-use, retail, restaurants, offices, hotel, and more
Location
State FL
County Broward
Community Hollywood Park
Area 3100
Interior
Interior Features Bathtub, First Floor Entry, Main Level Primary
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate
Appliance Dishwasher, Electric Range, Electric Water Heater
Exterior
Exterior Feature Fence, Fruit Trees, Porch
Pool None
View Y/N No
View None
Roof Type Shingle
Porch Open, Porch
Garage No
Private Pool No
Building
Lot Description < 1/4 Acre
Faces North
Story 1
Sewer Public Sewer
Water Public
Architectural Style One Story
Structure Type Brick
Schools
Middle Schools Attucks
High Schools South Broward
Others
Senior Community No
Restrictions No Restrictions
Tax ID 514209051041
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12041315
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