Entitled Multifamily Development
2306 Van Buren St Hollywood, FL 33020
New
2306 Van Buren St, Hollywood, FL, 33020
$2,000,000
For Sale
$2,000,000
MULTI_FAMILY - Other - Hollywood, FL
Property Size8,034 SF
Price / SF$248.94
Days on Market3
Property Features for 2306 Van Buren St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 1
- Rooms
- Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1
- Parking
- 49
- Standard status
- Active
- APN
- 514216012640
- Size
- 8,034 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- HOLLYWOOD LITTLE RANCHES 1-26 B LOT 16 BLK 5
- Tax Annual Amount
- 29525
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1949
- Floors in Building
- 4
- Building materials
- Block
- Architectural style
- Other
Listing agency
Compass Florida, LLC
(305) 851-2820
Listed by
Leslie Cooper · License #0526242
(786) 486-8003
Added: Jul 21 Checked: Jul 23 at 3:06AM
MLS# A12057103
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is an entitled multifamily development site with a site plan approved for 36 units. The parcel is zoned DH-2 (Downtown Hollywood 2), and entitlements are reported to be in place with a builder-ready path through construction documents.
The property is described as being steps from the Dixie Highway corridor, with connectivity noted via Dixie Highway and I-95. The listing also states convenient access to Fort Lauderdale–Hollywood International Airport and nearby public transit.
The property is described as being steps from the Dixie Highway corridor, with connectivity noted via Dixie Highway and I-95. The listing also states convenient access to Fort Lauderdale–Hollywood International Airport and nearby public transit.
Key Highlights
- Site plan approved for 36 units on a 24,000+ SF lot at 2306 Van Buren Street in Hollywood, FL
- Zoned DH‑2 (Downtown Hollywood 2), with entitlements in place and a builder‑ready path to construction documents
- Existing structure built in 1949 with block construction materials
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $255.5k | $31.80 |
| − Vacancy | −$12.0k | −$1.49 |
| EGI | $243.5k | $30.31 |
| − OpEx | −$109.6k | −$13.64 |
| NOI | $133.9k | $16.67 |
8,034 SF · lease $31.80/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.91M
$1.67M – $2.23M
NOI $133,910 @ 7.0% cap · market cap 6.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.14M
$2.75M – $3.67M
NOI $220,003 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
RGH Garage Doo'r ...
Hardware & Home Improvement
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FAQs
What type of property is this?
Residential land & home lot - Site plan approved for 36 units on a DH-2 zoned parcel with entitlements in place for construction documentation.
Where is this residential land & home lot located?
The property is located at 2306 Van Buren St Hollywood, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Site plan approved for 36 units on a 24,000+ SF lot at 2306 Van Buren Street in Hollywood, FL; Zoned DH‑2 (Downtown Hollywood 2), with entitlements in place and a builder‑ready path to construction documents; Existing structure built in 1949 with block construction materials
