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2535 Lincoln St Hollywood, FL 33020

For Sale
$1,100,000

Income-producing Hollywood property with development potential near Downtown.

Building Details

Year built
1950

Source: RE/MAX 5 Star Realty Agent Alejandro Bruno

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Hollywood Income Property with Development Potential

Located in Hollywood, this income-producing property features three buildings on nearly half an acre of tropical grounds. The property includes a main house with two bedrooms and two bathrooms, a gas fireplace, vaulted ceilings, a sunroom, and an updated kitchen. Additionally, there is a detached studio with a kitchenette and a full bath, currently licensed as an Airbnb. The property also includes two one-bedroom, one-bathroom units, each with updated kitchens and baths. The property has four electric meters, updated panels, a sprinkler system, and a fenced yard with room for a pool. The property is zoned for four stories (up to 45 ft, 30 ft within first 100 ft), offering future development potential for townhomes or multifamily structures. It is located minutes from Downtown, I-95, the airport, and beaches. It is a great 1031 exchange opportunity.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Hollywood
County
Broward
State
Florida
Longitude
-80.1585637
Latitude
26.0177069

FAQs

What type of property is this?
Quadplex - Income-producing Hollywood property with development potential near Downtown.
Where is this quadplex located?
The property is located at 2535 Lincoln St Hollywood, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: - Income-producing property with potential for $8,100-$8,600 monthly rental income.; - Large lot (nearly half an acre) in Hollywood with lush, tropical grounds and room for a pool.; - Excellent 1031 exchange opportunity.
More about this property
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