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Turnkey Multifamily Development Opportunity

2242 Jackson St Hollywood, FL 33020

2242 Jackson St, Hollywood, FL, 33020
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For Sale
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Seven-unit apartment building with development potential in Downtown Hollywood.

Lot Size0.46 Acres
Days on Market166

Property Features for 2242 Jackson St

General Information

Standard status
Active
Lot size
0.46 Acres
Property subtype
Land, Multifamily

Building Details

Year Built
1991
Listing Agency LoKation Real Estate
Listed by Tatiana Beltran · License #0699999
Source Crexi
Added: Feb 2 Checked: Jul 17 at 8:07 am

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 LoKation Real Estate


Investment Insights

Based on property information with market context.

Located in the Dixie Highway corridor of Downtown Hollywood, this property features a fully remodeled, 100% occupied, seven-unit apartment building on a 20,000 square foot DH-2 zoned corner lot. The units are fully furnished, two-bedroom, one-bath apartments, equipped with in-unit washer and dryer, tile floors, European-style baths with jacuzzi tubs, king beds, and high-speed Wi-Fi. Rents range from $2,600 to $4,200 per month. The property was completely remodeled in 2010, freshly repainted in 2023, and continuously upgraded with modern finishes. It includes gated parking for 6+ cars and a BBQ area. The adjacent parcel is in the final stages of rezoning from DH-2 to DH-3, which will allow taller buildings, higher density, and ground-floor commercial space. The property is located blocks from Hollywood Beach, the Arts District, Young Circle, and the Brightline/Tri-Rail stations. It generates strong income through a mix of short- and long-term rentals and high occupancy. Owner-financing is available with 20–30% down.

Key Highlights

  • Prime 20,000 SF DH‑2 zoned corner lot with development potential.
  • Turnkey, fully remodeled, 100% occupied 7‑unit apartment building generating strong income and cash flow.
  • All units are fully furnished 2‑bedroom/1‑bath apartments with modern amenities including in‑unit washer/dryer and jacuzzi tubs.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Best South Florida ... Vacation Rental

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store

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

FAQs

What type of property is this?
Apartment building - Seven-unit apartment building with development potential in Downtown Hollywood.
Where is this apartment building located?
The property is located at 2242 Jackson St Hollywood, FL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Prime 20,000 SF DH‑2 zoned corner lot with development potential.; Turnkey, fully remodeled, 100% occupied 7‑unit apartment building generating strong income and cash flow.; All units are fully furnished 2‑bedroom/1‑bath apartments with modern amenities including in‑unit washer/dryer and jacuzzi tubs.
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