Approved Multifamily Development
1910 Washington St Hollywood, FL 33020
For Sale
$995,000
Shovel-ready 9-unit multifamily development in Hollywood, Florida.
Lot Size0.19 Acres
Days on Market241
Property Features for 1910 Washington St
General Information
Standard status
Active
Lot size
0.19 Acres
Property subtype
Commercial
Building Details
Year Built
1949
Listing Agency:
RE/MAX - 5 Star Realty | Hollywood
(954) 453-1000
Listed By:
John DeMarco · License #A11697377
(954) 453-1000
Source:
Elliman
Added: Nov 28, 2025
Changed: Jul 10
Last Checked: Jul 27 at 3:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX - 5 Star Realty | Hollywood
Investment Insights
Based on property information with market context.
This property presents a fully approved, shovel-ready 9-unit multifamily development opportunity located in Hollywood, Florida. The site features a 1,986 square foot duplex situated on an 8,283 square foot lot, zoned PS-1. The existing duplex is currently leased to two tenants, generating $5,000 per month in income. Approved plans are in place for a modern 9-unit building, complete with 10 parking spaces and landscaping designed to meet all city standards. Upon stabilization, the project is projected to generate $295,000 in gross annual income and a net operating income of $222,750, representing a 9.3% cap rate. The property's location offers proximity to Downtown Hollywood, Young Circle, and major highways, making it a turnkey opportunity for investors and developers.
Key Highlights
- Fully approved, shovel‑ready 9‑unit multifamily development project.
- Projected $222,750 NOI and a 9.3% cap rate once stabilized.
- Existing duplex generates $5,000/month in rental income.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Shovel-ready 9-unit multifamily development in Hollywood, Florida.
Where is this apartment building located?
The property is located at 1910 Washington St Hollywood, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Fully approved, shovel‑ready 9‑unit multifamily development project.; Projected $222,750 NOI and a 9.3% cap rate once stabilized.; Existing duplex generates $5,000/month in rental income.
