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2306 Fillmore St Hollywood, FL 33020

OFF-MARKET Land Google Maps
0.46 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US18-3601270

Property summary

AI-generated overview

This exceptional 0.46-acre lot in Hollywood, Florida (33020), presents a remarkable opportunity for development. Located at 2306 Fillmore St, just three blocks north of Hollywood Boulevard and within walking distance of Young Circle, this prime site boasts a recently approved site plan (July 2024) for a stunning 34-unit multifamily or residential condo development. The approved plan envisions a four-story Art Deco-inspired building featuring a desirable amenity package including a rooftop deck and pool. The project also includes 43 ground-level parking spaces to accommodate residents. The property's zoning designation is DH-2 DIXIE HWY MEDIUM INTENSITY MULTIFAMILY DISTRICT, allowing for the construction of the approved project. The total net rentable square footage is 34,995 square feet. This Class A development opportunity is situated in a thriving area of Hollywood, benefiting from the city's robust growth and increasing property values. Its strategic location between Miami and Fort Lauderdale offers significant advantages, providing access to a large and growing population base. The asking price for this exceptional development opportunity is $2,300,000. Don't miss this chance to capitalize on the burgeoning Hollywood real estate market.

Property profile

Verified
Property type Land
Lot 0.46 ac (20,038 SF)
UPID US18-3601270

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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