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$2.0M
Hollywood, FL 33020
HOLLYWOOD LITTLE RANCHES
We are excited to present a rare development opportunity lot in the heart of Hollywood. This DH-2 zoned site is shovel-ready, with approved plans and permits for a 4-story, 27-unit multi-family building. The project comes with approved Plans and the Permit!With conventional financing, an investor could achieve:• Equity Multiple: 2.6+ ;• Gross Return: 160%+ ;The development plan includes:• Spacious 1, 2, and 3-bedroom units;• Rooftop deck with open-air pool;• Green space amenity with sun deck, BBQ area, and lounge zone;• Fitness center;• 34 covered parking spaces plus bicycle parking.Project and plans include 27 units total: 23 units with 1 bed/1 bath, 3 units with 2 bed/2 bath and 1 unit with 3 bed/2 bath.The site is just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, offering excellent access to restaurants, arts, and transit.Project highlights:• Approved construction plans available;• Full geotechnical investigation completed;• Zoning and permitting confirmed for immediate build-out.Close with the permit in hand and start construction the next day! • Hollywood is booming with over $1.5B in real estate development surrounding Young Circle• Rapidly growing rental market with new leases surpassing $3/SQFT• New construction condo sales exceeding $700/SQFT• Located in a well-established residential community surrounded by homes valued up to $7M+• Strong local school district and family-friendly amenities• Steady home price growth for 12 consecutive years• With conventional financing, an investor could achieve: Equity Multiple: 2.5+ & Gross Return: 155%+• Home values in Florida have surged by 164% over the past decade - jumping from an average of $144,464 in 2013 to $381,922 in 2023
Virtual TourListing courtesy of Trybal Group LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$2.0M
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Listed by Mike Kaplun, Trybal Group LLC