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    2226-2243 Cleveland St Hollywood, FL 33020

    For Sale
    $3,475,000

    Six income-producing properties in East Hollywood with development potential.

    Lot size:
    0.93 Acres

    Property Features for 2226-2243 Cleveland St

    General Information

    Lot size
    0.93 Acres

    Source: Douglas Elliman Agent Christina Freedman

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

    Overview

    East Hollywood Multifamily Investment Portfolio

    This offering presents a significant opportunity for investors and developers, featuring a portfolio of six fully updated income-producing properties situated in the heart of East Hollywood. The properties are conveniently located near shops, dining establishments, beaches, Fort Lauderdale-Hollywood International Airport, and the Seminole Hard Rock Casino. Zoned DH1, the properties allow for multi-family and townhome development, presenting an opportunity to acquire, hold, and develop in the future. The sale includes properties at 2226 Cleveland St, 2230 Cleveland St, and 2224 Cleveland St (adjacent lots), along with 2227 Cleveland St, 2231 Cleveland St (adjacent lots), and 2243 Cleveland St. All properties are being sold together as one portfolio.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1523345
    Latitude
    26.0230685

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    FAQs

    What type of property is this?
    Multifamily property - Six income-producing properties in East Hollywood with development potential.
    Where is this multifamily property located?
    The property is located at 2226-2243 Cleveland St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $3,475,000.
    What are key features of this property?
    This property features: - Portfolio of 6 fully updated, income-producing properties.; - Zoned DH1 for multi-family and townhome development.; - Located in the heart of East Hollywood.
    (646) 357-6515
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    2226-2243 Cleveland St Hollywood, FL 33020
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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
    2226-2243 Cleveland St Hollywood, FL 33020
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