2020 Washington Street, Hollywood, Florida 33020 USA

$2,490,000  Single Family MLS® A12092378

About this Property

Rare Hollywood investment opportunity combining immediate income with exciting long-term potential. The property features 10 income-producing units generating steady monthly income on an 11,168 SF double lot. Investors can benefit from the existing cash flow while exploring the property’s redevelopment potential. Based on current zoning and applicable development regulations, the site may offer the opportunity for a higher-density residential project, potentially up to 40 units or more. An excellent opportunity for investors looking to combine current income with future growth in a desirable Hollywood location. Development potential is subject to applicable zoning, city requirements, and approvals.

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Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Direct Realty Solutions.