Mckinley St Hollywood, FL 33020

This exceptional 6,750 square foot lot presents a remarkable redevelopment opportunity in Hollywood, Florida. Located on McKinley Street, and boasting a DH-1 zoning designation, this property offers the potential to construct up to eight residential units. Currently featuring an existing house, the site allows for either renovation and expansion of the existing structure or complete redevelopment. The DH-1 zoning permits the construction of a multi-unit residential building, potentially up to three stories with ground-level parking. This translates to significant income potential for developers seeking to create a multifamily project consisting of apartments or townhomes. The property's strong density for the area further enhances its investment appeal. A fully conceptualized project, including plans and site plan approval, is also available for purchase separately. Furthermore, attractive seller financing options are available, offering a unique opportunity for qualified buyers. The property's APN is 514209054500 and is held under corporate ownership. This is a rare chance to acquire a highly desirable development site in a thriving Florida location. The asking price for this exceptional property is $345,995.