$ 1,280,000
1734 Wiley St #1-4 Hollywood, FL 33020
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 1,280,000
Est. payment /mo
Price Dropped by $20K
1734 Wiley St #1-4 Hollywood, FL 33020
10,880 Sqft Lot
UPDATED:
10/17/2024 02:09 PM
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.
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
Listed by LoKation