2322 Johnson Street, Hollywood, FL 33020
- $500,000
- List Price
- $500,000
- MLS#
- R11164599
- Status
- ACTIVE
- Type
- Land
Property Description
EXCELLENT OPPORTUNITY TO OWN 0.24 ACRES ZONED DH-2, GREAT FOR COMMERCIAL USES, OFFICE, MULTIFAMILY, SCHOOLS, OR PLACES OF WORSHIP. THIS PROPERTY IS CURRENTLY A DUPLEX (1/1 AND STUDIO) SUCCESSFULLY OPERATING, WITH UPSIDE POTENTIAL DUE TO LOWER RENTS. THIS IS A GREAT OPPORTUNITY TO DEVELOP LAND WHILE ADVANTAGING FROM AN ALREADY EXISTING CASH-FLOW OR KEEP AS MULTIFAMILY FOR THE INCOME AND POTENTIAL UPSIDE. THE DUPLEX MAY BE BOUGHT TOGETHER WITH AN ADDITIONAL 5 UNITS LOCATED AT 411 COLUMBUS PKWY ALSO IN HOLLYWOOD, FOR A TOTAL OF 0.86 ACRES AND $1.4M. UPSIDE POTENTIAL IN RENT INCOME BASED ON GOVERNMENT HOUSING ASSISTANCE RENT LIMITS FOR THE AREA. PLEASE INQUIRE FOR MORE INFORMATION.
Additional Information
- Days on Market
- 161
- Tax Amount
- $6,813
- Parcel Number
- 514216014630
- Front Exposure
- North
- Directions
- I-95 TO EXIT 20 HOLLYWOOD BLVD, GO EAST, TURN LEFT (NORTH) ONTO N 24TH AVE, RIGHT (EAST) TO JOHNSON ST TO PROPRTY ON THE RIGHT (SOUTH) SIDE
- Address
- 2322 Johnson Street, Hollywood
- Development Name
- Hollywood Little Ranches
- Development
- Hollywood Little Ranches
Mortgage Calculator
Listing Courtesy of The Keyes Company, Contact: 561-866-9616