Prime development opportunity in the heart of Hollywood’s North Downtown District. The property is offered with an approved site plan for a 5-unit multifamily building, allowing a streamlined path to development.
The vacant and cleared lot is zoned ND-1 (North Downtown District 1) and consists of 8,047 SqFt, with alley access, providing added flexibility, services, and overall site functionality.
The approved project features a three-story multifamily building with ground-floor parking and five residential units above. Each unit is designed with 2 bedrooms and 2.5 bathrooms, and the site plan includes a total of 9 parking spaces.
Seller will deliver the approved site plan prior to or at closing, allowing the buyer to bypass the entitlement phase and move directly toward permitting.
Excellent location just minutes from Downtown Hollywood, major corridors, dining, retail, public transportation, and approximately 5 minutes from the beach. The area continues to experience strong redevelopment momentum, with short-term rental activity expanding nearby, adding potential upside depending on future use and strategy.
1949 Harding St, Hollywood, FL, 33020
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
