1734 Wiley St #1-4 Active Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Commercial
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Hollywood South Side Add
MLS Listing ID F10456123
HOA Y/N No
Annual Tax Amount $14,188
Tax Year 2023
Lot Size 10,880 Sqft
Property Description
Triplex on double lot for development zoned FH-2 . Build 32 condos/apartment building. Two folio numbers, Can easily do unity of title. Prime location E. Federal & 0.9 miles to young circle & vibrant downtown Hollywood. 2.8 miles from Hollywood Beach boardwalk. Build new condos & capitalize on the high demand for new construction. Sell pre-construction to bankroll the project. Buyer has to get plans & go through the approval process (approximately 1 year). Collect $3600 monthly in rents in the interim. Seller financing with 850,000 down. Seller must be first lien holder & will hold note at 6% interest only, for 2 years to allow buyer to go through approval process of the project. Seller concessions not to exceed 3% of sales price.
Showings only with proof of funds or valid offer.
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning FH-2
Exterior
Utilities Available Cable Tv,Electric,Gas,Phone Line,Sewer,Trash Removal,Water
Waterfront No
Water Access N
Private Pool No
Building
Lot Description Less Than 1 Acre
Sewer Public Sanitation
Water Municipal Water
Others
Pets Allowed No
Ownership Sole Proprietor
Special Listing Condition Plan Approval Required,Presently Leased