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    356 Balboa St Hollywood, FL 33019

    For Sale
    $2,899,000

    Residential Income,Detached,Duplex - Hollywood, FL

    Property size:
    1,508 SF
    Days on Market:
    203
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 356 Balboa St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NBDD-DZ
    APN
    514201027600
    Parking
    4
    Size
    1,508 SF

    Utilities

    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1953
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Tar/Gravel
    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 23, 2025

    MLS# F10472199 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 owned by a single owner, totaling 8,941 square feet. Situated a short distance from both the ocean and the Intracoastal Waterway, the site is suitable for development. The property is currently improved with a 1,508 square foot duplex, constructed in 1953, and rented on a month-to-month basis. Zoned for residential and multifamily use (NBDD-DZ), the site allows for the construction of a luxury home or a multifamily rental or sale property. According to the owner, the city has indicated approval for the construction of four units, with potential for six; verification with the city is advised. The property is located in Broward County, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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?
    Duplex - Corner lot near the ocean, ideal for development.
    Where is this duplex 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: - Large corner lot (8,941 sq ft) in North Beach area of Hollywood.; - Prime location: **yards from the Ocean and Intracoastal**.; - Development opportunity: zoned for residential/multifamily use.
    (954) 249-9888
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    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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