1815 Buchanan St Hollywood, FL 33020

This exceptional investment opportunity presents a four-unit apartment building located at 1815 Buchanan St, Hollywood, FL 33020. Built in 1948, this single-story property offers a compelling entry point into the thriving Hollywood, Florida market. The asking price is $870,000. This property is part of a larger portfolio totaling 48,284 square feet across five parcels, all offered together for $6.7 million. The property's zoning, FH-2, allows for diverse development options, including multi-family, commercial, and mixed-use projects. Its strategic location, just half a mile from Downtown Hollywood, places it within easy reach of numerous amenities and attractions. The area boasts significant ongoing development exceeding $1.5 billion, along with abundant recreational facilities such as over 60 parks and 7 golf courses. Furthermore, its proximity to major transportation arteries, including highways, Fort Lauderdale Airport, Port Everglades, and the vibrant Hollywood Beach Broadwalk, enhances its appeal. The location also benefits from the presence of the Hard Rock Casino and Gulfstream Casino. This property represents a rare chance to acquire a foothold in a high-growth area situated between Miami and Fort Lauderdale, offering significant potential for future appreciation and development.