2815 Jackson St Hollywood, FL 33020

This exceptional investment opportunity presents a chance to acquire a 20,500 square foot lot in Hollywood, Florida (33020), located at 2815 Jackson Street, Broward County. Currently housing a four-bedroom, three-bathroom single-family home generating rental income, the property boasts approved site plans for a transformative redevelopment project. The plans detail a remarkable four-story apartment building, comprising 30 thoughtfully designed units. Each unit will feature modern amenities and stylish finishes, catering to the high demand for multi-unit housing in this desirable area. The building's design incorporates a panoramic rooftop area, perfect for resident socializing and relaxation. This prime location offers unparalleled convenience, with easy access to public transportation, shopping centers, the beach, and a vibrant entertainment scene. The existing single-family home provides immediate income generation, ensuring financial stability during the development phase. The strong potential for site collection income further enhances the long-term financial prospects of this project. This is a rare opportunity to capitalize on the burgeoning multifamily market in a highly sought-after location. The asking price for this exceptional property is $1,590,000.