Active
mixeduse
SALE
1610 N Dixie Hwy 1-48 1-48, Hollywood, Florida 33020
Hollywood, FL 33020
$4,250,000
Property Details
MLS#
A11994603
Type
Mixeduse
Year Built
1970
Tax Amount
$140,631
Property Description
Rare opportunity to acquire a 48-unit mixed-use property at 1610 N Dixie Hwy in Hollywood at a true value-add price. The asset consists of apartments, office, retail, and storage across a 27,393 SF lot with DH-3 zoning, allowing for redevelopment potential of approximately 90 residential units or alternative uses such as warehouse. The current unit mix includes 41 studio apartments, 2 one-bedroom/one-bath units, 3 office spaces, 1 retail store, and 1 storage unit. Only 13 units are currently occupied, with the majority vacant and requiring full rehab, creating a significant upside opportunity for investors looking to reposition or redevelop. The property is being sold with existing liens/violations and is priced accordingly for a cash-only buyer. Located just minutes from I-95, Fort Lauderdale-Hollywood International Airport, Downtown Hollywood, Young Circle, and the beaches. Opportunities like this rarely hit the market at this basis. priced to move quickly!
Amenities
Built 1970
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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office:
Fausto Commercial Realty Consultants Inc
Listing Agent:
Elior Levi
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