For Sale
$1,950,000

1323 Federal HwyHollywood, FL 33020

Ten-unit apartment building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 10-unit multifamily property, located at 1323 N Federal Hwy #1-#10 in Hollywood, Florida, presents a compelling investment opportunity. Built in 1955, this two-story apartment building boasts a mix of unit configurations, including seven two-bedroom, one-bathroom units and three studio units with one bathroom each. The property offers a unique value-add potential, with five original units and five completely renovated units, providing immediate income and future upside. Situated in close proximity to Downtown Hollywood and just five minutes from the beach, this property benefits from a highly desirable location. The FH-2 zoning allows for a five-story building up to 55 feet in height, presenting significant future development possibilities. Ten assigned parking spaces are provided, supplemented by readily available street parking. The asking price is $1,950,000. This property is ideally suited for investors seeking a strong cash flow with significant long-term growth potential. Serious inquiries only

Highlights

  • 10-unit multifamily property in Hollywood, FL, at 1323 N Federal Hwy #1-#10.
  • Built in 1955, featuring seven 2BR/1BA units and three studio/1BA units.
  • Five renovated and five original units offer immediate income and value-add potential.
  • Desirable location near Downtown Hollywood and five minutes from the beach.
  • FH-2 zoning allows for a five-story building up to 55 feet.
  • Ten assigned parking spaces plus ample street parking.

Property Details for 1323 Federal Hwy

Property type
Apartment buildings, Small apartment buildings
Year Built
1955
Stories
2

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0233618
Longitude
-80.1428802
1323 Federal Hwy, Hollywood, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1323 Federal Hwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message