1105 19Th Ave Hollywood, FL 33020
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1105 19Th Ave
- Year built
- 1942
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a rare chance to acquire a three-unit apartment building located at 1105 S 19th Ave, Hollywood, Florida, 33020. The property, built in 1942, is a single-story structure situated on a 14,500 square foot lot. Currently operating as a three-unit apartment building, this property offers significant upside potential. The existing structure provides immediate cash flow, while the approved building permits for an 18-unit, four-story boutique residential development unlock substantial future value. This permit-approved project eliminates lengthy planning and approval delays, allowing for immediate commencement of construction upon acquisition. The location in a prime area of Hollywood, Florida, ensures strong rental demand and potential for significant appreciation. This is a fast-track investment opportunity, ideal for developers seeking a quick return on investment and substantial long-term growth. The asking price for this turnkey project is $1,750,000. This represents a unique blend of immediate income generation and significant future development potential in a highly desirable location. Don't miss this chance to capitalize on this exceptional opportunity.
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
- -80.1446117
- Latitude
- 26.0020227
