7
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$2,000,000
Est. payment /mo
0.47 Acres Lot
Active
2306 Van Buren St Hollywood, FL 33020
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Hollywood Little Ranches
MLS Listing ID A11985921
HOA Y/N No
Annual Tax Amount $29,525
Tax Year 2025
Lot Size 0.470 Acres
Acres 0.47
Property Description
Rare development opportunity at 2306 Van Buren St with approved plans for a 36-unit project. The property is zoned DH-2, allowing for strong redevelopment potential in a growing area. The unit mix consists of 18 one-bedroom units, 12 two-bedroom units, and 6 three-bedroom units, offering a well-balanced layout that supports strong rental demand. The property is currently occupied with all tenants on month-to-month leases, providing flexibility for redevelopment while generating in-place income. With a pro forma gross operating income of $1,268,080, this site presents a compelling opportunity for developers seeking to capitalize on a high-upside project. Ideally located approximately 3 minutes to Downtown Hollywood and Young Circle, 5 minutes to US-1, 10 minutes to Fort Lauderdale–Hollywood International Airport, and 10 minutes to the beach, offering excellent accessibility and strong rental demand drivers.
Location
State FL
County Broward
Community Hollywood Little Ranches
Area 3050
Exterior
Utilities Available Other
Present Use Other
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 514216012640
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11985921
Listed by Fausto Commercial Realty Consultants Inc
NEARBY SCHOOL & BUSINESS
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