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    356 Balboa St Hollywood, FL 33019

    For Sale
    $2,899,000

    Residential Land/Boat Docks,Residential, Zoned Multifamily - Hollywood, FL

    Type:Single Family Residence
    Lot size:
    0.21 Acres
    Days on Market:
    204
    Last Refresh:
    Dec 11 at 1:06 pm

    Property Features for 356 Balboa St

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Vegetation
    Cleared
    Zoning
    NBDD-DZ
    APN
    514201027600
    Exterior features
    Cleared
    Lot size
    0.21 Acres

    Building Details

    Architectural style
    Other

    B & C Properties dba Hot Tropic Properties (954) 249-9888 [email protected]

    Listing agent Christina Picanza (954) 249-9888 License #0646616

    Listing date May 22, 2025

    MLS# F10472170 Listing URL

    Copyright © 2025 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hollywood Multifamily Development Opportunity

    Located in the North Beach area of Hollywood, this corner lot property presents an opportunity for investors and developers. The property consists of three lots combined under single ownership, totaling 8,941 square feet (approximately 0.21 acres). The site is zoned for residential/multifamily use, allowing for the construction of a luxury home or multifamily units for rent or sale. Currently, the property includes a 1,508 square foot duplex, constructed in 1953, which is currently rented on a month-to-month basis. The city has indicated approval for four units, with the potential for six, although verification is the buyer's responsibility. The property is located a short distance from both the ocean and the Intracoastal Waterway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Bar & Pub Wholesale Shop Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.114222
    Latitude
    26.051207

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential/multifamily zoned corner lot near ocean and Intracoastal.
    Where is this residential land & home lot located?
    The property is located at 356 Balboa St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $2,899,000.
    What are key features of this property?
    This property features: - Prime corner lot location in the North Beach area of Hollywood, just yards from the Ocean and Intracoastal.; - Large 8,941 square feet lot offering significant development potential.; - Zoned for residential/multifamily use, allowing for construction of a luxury home or multifamily units.
    (954) 249-9888
    Request Owner's contact information
    356 Balboa St Hollywood, FL 33019
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    Hollywood, FL 33019
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    356 Balboa St Hollywood, FL 33019
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