6206 Buchanan Street,Hollywood, FL 33024
Hollywood, FL 33024
Description
Prime Redevelopment Opportunity!! The subject property is an 11-pod mobile home park positioned on a 21,785 SF parcel in central Hollywood, Florida. The property is 91% occupied and produces approximately $4,000 per month in income, offering stable cash flow in a strong affordable housing market. Zoned C-MU, the site provides significant redevelopment potential and can support an estimated 30 to 35 multifamily units with Flexibility or Replacement Units, subject to city approvals. The parcel features strong frontage, low operating expenses, and a strategic location near US-441, major retail corridors, public transit, and key employment centers. This asset offers a rare combination of reliable income and long-term development upside in a rapidly growing Broward County infill corridor.
Details
| MLS # | A11928034 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 304 |
| Listing Provided By | RE/MAX 5 Star Realty | John DeMarco |
Features
| Zoning | C-MU |
|---|---|
| Acreage | 0.50 |
Exterior
| Lot Features | Interior Lot |
|---|
Taxes
| Tax Annual Amount | 9707 |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33024 |
| Area | 3100 |
| Community Name | GRACEWOOD NO 6 |
| Listing VS Median (in GRACEWOOD NO 6) | |
Price: $2,500,000 low | high Med: $0 On site: 304 low | high Med: | |
Market Activity 33024
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33024 |
| Area | 3100 |
| Community Name | GRACEWOOD NO 6 |
| Listing VS Median (in GRACEWOOD NO 6) | |
Price: $2,500,000 low | high Med: $0 On site: 304 low | high Med: | |
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