Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Stucco

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot, City Lot

  • Lot Size(acres)

    0.14

  • Property Type

    Commercial Sale

  • Property Sub Type

    Business

Price

  • Sales Price

    $785,000

  • Tax Amount

    $3,170.45

  • Sq. Footage

    1,600

  • Price/SqFt

    $490

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Broward

Elementary School

Middle School

High School

Listing Courtesy of Brittany Alfonso , Compass Florida, LLC

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TWO Prime Corner Lots- Commercial Investment Opportunity Unlock the potential of these centrally located commercial properties—ideal for investors or business owners with vision. The buildings requires a full interior renovation and are being offered strictly AS IS. No guarantees are made regarding its current condition or permitted use. Buyers are strongly encouraged to perform their own due diligence before submitting offers. According to the City of Hollywood, the site is zoned C3 - Medium Intensity Commercial, allowing for a range of potential uses. Address: 6611 Moseley Street, Hollywood, FL 33024 Note: Adjacent property also included in  purchase. The owner has never occupied the property. Don't miss this opportunity to transform a blank canvas into something exceptional.

1900 N 66TH Avenue

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Rare opportunity to acquire an income producing 3/2 home (w/in-law suite) & additional development capacity, walking distance from schools, library, parks & Downtown Hollywood, at over 20% below market value. Lots of new development nearby. Investors & developers have increasingly turned their attention to this area, recognizing its long term potential. This property should not be viewed solely as a single family home or solely as a land play; the true value is in both. The existing 3 bedroom 2 bathroom home can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 9 units, without tearing down the current structure. All of the additional 8 units can be ~760 square foot 2 bedroom apartments.  The included site plan shows viable layout, parking & access. A formal Pre-Application Consultation (PAC) meeting with the city has been held; representatives from every relevant discipline were present (planning, zoning, engineering, landscape, fire, etc) and they confirmed the site plan is feasible & compliant with current zoning & regulations. Sold land comps: $50k per (mostly 1 bedroom) unit. Active land comps: $58k-$101k per (mostly 1 bedroom) unit. Two bedroom units generally rent for around 30% more than one bedroom units; land buildable for two bedroom units is generally valued around 30% more than land buildable for one bedroom units. 3/2 house comps: $499k-$679k active, $410k-$580k sold. Subject property is a 3/2 house + 8 (2 bedroom) units of buildable land; market value ~$900k. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Build cost:~$1.3M-$1.5M. All in:~$2M. Projected value:$3M+ = ~$1M instant equity. Potential ~10% cap. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.
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