1935 Lincoln StHollywood, FL 33020
- Land
Property Details for 1935 Lincoln St
- Property type
- Land
Description
This exceptional 0.59-acre (26,077 sq ft) lot in Hollywood, Florida, presents a fully approved opportunity to develop a 48-unit boutique apartment building. Located just blocks from Young Circle and the Central Business District, this prime site boasts ND-2 zoning and approved plans for a five-story structure. The proposed design includes 36 one-bedroom, one-bathroom units and 12 two-bedroom, two-bathroom units, averaging 794 square feet of air-conditioned space. Amenities include a rooftop deck and second-floor indoor amenities, along with tuck-under parking. The current month-to-month rental income generates $120,000 annually, providing a revenue stream until construction commences. The property's location in Hollywood, between Miami and Fort Lauderdale, benefits from a strong economy, favorable demographics, and high demand for rental housing. The asking price is $2,875,000, representing approximately $110 per square foot. Parcel numbers are 514215012750 & 514215012720. This is a turnkey opportunity to capitalize on Hollywood's thriving residential market.
Location Insight
- City
- Hollywood
- County
- Broward
- State
- Florida
- Latitude
- 26.0182
- Longitude
- -80.1463
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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].