2306 Van Buren Street Hollywood, FL 33020

$2,000,000
0.47
Acres
$2,000,000
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Rare development opportunity at 2306 Van Buren St with approved plans for a 36-unit project. The property is zoned DH-2, allowing for strong redevelopment potential in a growing area. The unit mix consists of 18 one-bedroom units, 12 two-bedroom units, and 6 three-bedroom units, offering a well-balanced layout that supports strong rental demand. The property is currently occupied with all tenants on month-to-month leases, providing flexibility for redevelopment while generating in-place income. With a pro forma gross operating income of $1,268,080, this site presents a compelling opportunity for developers seeking to capitalize on a high-upside project. Ideally located approximately 3 minutes to Downtown Hollywood and Young Circle, 5 minutes to US-1, 10 minutes to Fort Lauderdale–Hollywood International Airport, and 10 minutes to the beach, offering excellent accessibility and strong rental demand drivers.

Rare development opportunity at 2306 Van Buren St with approved plans for a 36-unit project. The property is zoned DH-2, allowing for strong redevelopment potential in a growing area. The unit mix consists of 18 one-bedroom units, 12 two-bedroom units, and 6 three-bedroom units, offering a well-balanced layout that supports strong rental demand. The property is currently occupied with all tenants on month-to-month leases, providing flexibility for redevelopment while generating in-place income. With a pro forma gross operating income of $1,268,080, this site presents a compelling opportunity for developers seeking to capitalize on a high-upside project. Ideally located approximately 3 minutes to Downtown Hollywood and Young Circle, 5 minutes to US-1, 10 minutes to Fort Lauderdale–Hollywood International Airport, and 10 minutes to the beach, offering excellent accessibility and strong rental demand drivers.

  • Neighborhood
  • Type
  • County
    Broward County
  • Area
    Hollywood Little Ranches
  • Tax Amount
    $29,525
  • Status
    Active
  • Listing #
    A11985921
  • Lot Size
    0.47
  • Listed on site
    64 days
  • Listing Agent Id
    3574869
  • Listing Agent Phone
    954-743-7594

Listed by:
Fausto Commercial Realty Consultants Inc

Source:
MIAMI MLS

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  • No HOA
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