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Multifamily Development Property
For Sale
Contact for pricing
Pending

1938-1942 Taylor St, Hollywood, FL 33020

Two side-by-side multifamily parcels near Young Circle Downtown Hollywood offer an approved-planning opportunity with existing dwellings.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market150

Property Features for 1938-1942 Taylor St

General Information

Standard status Pending
Lot size 0.25 Acres
Property subtype Special Purpose
Zoning ND3

Land

Land Use residential
Entitled No

Additional Details

Gross Income $103,200

Building Details

Buildings 2
Listing Agency: Optimar International Realty Sunny Isles Beach
Listed By: Dylan Vega · License #3279843
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Sep 1 at 6:45AM

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 Optimar International Realty Sunny Isles Beach

Investment Insights

Based on property information with market context.

Located at 1938-1942 Taylor St in Hollywood, Florida, the property comprises two adjacent folios totaling 10,760 square feet of land. Two multifamily dwellings currently occupy the site. Plans have been prepared for an 18-unit redevelopment consisting of seven two-bedroom, two-bath units and eleven one-bedroom, one-bath units.

The property is zoned ND3 with a 3.0 FAR, allowing development up to 10 stories and 140 feet in height. The site is within walking distance of Young Circle Downtown Hollywood. Site plan approval is in process, and multiple modification requests from the city have been completed.

Key Highlights

  • Two side‑by‑side folios totaling 10,760 square feet of land
  • Existing site improvements include 2 multifamily dwellings
  • Plans call for 18 units: 7 two‑bedroom/two‑bath and 11 one‑bedroom/one‑bath units

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Veterinary Clinic Farmer's Market Clothing & Fashion Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,566
Businesses Nearby

Demographics for 33020, FL

45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two side-by-side multifamily parcels near Young Circle Downtown Hollywood offer an approved-planning opportunity with existing dwellings.
Where is this multifamily property located?
The property is located at 1938-1942 Taylor St Hollywood, FL.
What are key features of this property?
This property features: Two side‑by‑side folios totaling 10,760 square feet of land; Existing site improvements include 2 multifamily dwellings; Plans call for 18 units: 7 two‑bedroom/two‑bath and 11 one‑bedroom/one‑bath units
(305) 947-0477 Call to check price and availability
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