Shovel-ready development opportunity in the heart of Downtown Hollywood. This fully entitled 16,360 SF (~0.38-acre) site includes approved plans for a 29-unit boutique multifamily project totaling 32,351 buildable SF, with permits potentially deliverable at closing, allowing for immediate construction. Planned features include a courtyard garden, rooftop pool and lounge, fitness center, and 44 parking spaces. Efficient unit mix of one- to three-bedroom residences (approx. 700-1,425 SF) designed to meet strong rental demand. Prime location just steps from Young Circle and Hollywood Boulevard's dining, retail, and entertainment. Zoned ND-2, supporting mid-rise multifamily development in one of Broward County's fastest-growing, walkable urban corridors.
1920 Pierce Street, 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.
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