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    2239 Washington St Hollywood, FL 33020

    For Sale
    $2,600,000

    Approved 30-unit apartment complex project ready for immediate construction.

    Lot size:
    0.48 Acres

    Property Features for 2239 Washington St

    General Information

    Lot size
    0.48 Acres

    Source: Real Estate Sales Force Agent Natascha dos Santos

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

    Overview

    Approved Shovel-Ready Apartment Development Project

    This is an approved shovel-ready project ready to break ground. The site plan has been approved, and construction drawings have been cleared. Only fees and subcontractor permit applications remain before construction can begin immediately. The development is a modern 30-unit apartment complex featuring 21 one-bedroom, one-bathroom units and 9 two-bedroom, two-bathroom units. The units are tailored for modern living, with space for a home office, gym, and pet care. The property is located 10 minutes from Hollywood Beach and 15 minutes from Aventura Mall and Fort Lauderdale Airport.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1521699
    Latitude
    26.0041865

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    FAQs

    What type of property is this?
    Apartment building - Approved 30-unit apartment complex project ready for immediate construction.
    Where is this apartment building located?
    The property is located at 2239 Washington St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - SHOVEL-READY: Approved project with site plan, zoning clearances, and construction drawings already approved, ready for immediate construction.; - 30-Unit Apartment Complex: Modern design with a mix of 21 one-bedroom/one-bath and 9 two-bedroom/two-bath units.; - Prime Location: Situated 10 minutes from Hollywood Beach and 15 minutes from Aventura Mall and Fort Lauderdale Airport.
    (954) 716-3185
    Request Owner's contact information
    2239 Washington St Hollywood, FL 33020
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    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
    2239 Washington St Hollywood, FL 33020
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