2351 Thomas St Hollywood, FL 33020
- Warehouses
- 1,751 SF
- 0.39 lot acres
Current Use by Public Records
- Hollywood Roofers / Roofing Contractor / Service Establishment
Property Details for 2351 Thomas St
- Year built
- 1959
- Construction
- CONCRETE
- Lot size
- 0.39 lot acres
- Property size
- 1,751 SF
- Zone code
- DH-1
- Property type
- Warehouses
- APN
- 51-42-09-05-6120
- APU
- 514209056120
Description
This exceptional investment opportunity presents a rare chance to acquire a 18,000 square foot multifamily property in the thriving Hollywood, Florida market. Located at 2351 Thomas St, in Broward County, zip code 33020, this property consists of two, three-story buildings constructed in 1959. The sale includes a complete set of approved plans for the development of seven luxurious three-story townhomes, offering a lucrative path to immediate development. Alternatively, approved plans for an 18-unit residential building are also available, providing flexibility for various investment strategies. This central location boasts proximity to major highways, beaches, and entertainment venues, with convenient access to Downtown Fort Lauderdale (15 minutes) and Downtown Miami (25 minutes). The strong rental market presents a compelling opportunity for long-term ownership and income generation, or the potential to individually sell each unit at a premium. The seller is open to considering joint venture proposals. Detailed plans are available for review upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1552
- Latitude
- 26.0318
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
