The subject property is a 20 unit multifamily investment and redevelopment opportunity located in the rapidly growing Hollywood rental market.

The subject property is a 20-unit multifamily investment and redevelopment opportunity located in the rapidly growing Hollywood rental market. The property consists of multiple adjacent apartment buildings situated on a large 34,005 SF development site currently generating strong in-place rental income with additional upside through future rental increases, continued renovations, and operational improvements. Several units have been updated with renovated interiors while the property benefits from strong tenant demand and a central location near Downtown Hollywood, Young Circle, Federal Highway, Dixie Highway, I-95, and Hollywood Beach. The site also presents significant redevelopment potential with the ability to build approximately 180+ units under the Live Local Act.

Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12020857