2115 Mckinley St

    Hollywood, FL 33020
    • $290,000
    • STATUS: Active
    • ON SITE: 51 days
    • MLS #: F10191599
    UPDATED: 23 min ago
    $290,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Located amazingly close to downtown and the beach! This property was used as a 2 unit property. A fire destroyed one unit and the rear unit is currently rented. This is a great redevelopment lot. Market conditions for rentals in this area are very attractive. This property offers a developer the opportunity to build approximately 10,000 feet of multifamily space on multiple levels. Amazing access to City Center, recreation, shopping, bars etc. Don't miss out on this! A properly developed property can offer CAP rates approaching 15% based on our initial underwriting. New product in this market is rare and as soon as offered would garner a high quality tenant for a high quality product.

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    Listing information © 2019 Greater Fort Lauderdale REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Lucido Global | KW Coral Gables - Coconut Grove. Data last updated: 2019-10-19T12:18:07.573.

    southflorida.lucidoglobal.com/homes/98407155

    2115 Mckinley St Hollywood, FL 33020

    • Price: $290,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: F10191599
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    Neighborhood:
    Hollywood Park 4-19 B
    County:
    Broward
    Area:
    3050
    Property Description
    Located amazingly close to downtown and the beach! This property was used as a 2 unit property. A fire destroyed one unit and the rear unit is currently rented. This is a great redevelopment lot. Market conditions for rentals in this area are very attractive. This property offers a developer the opportunity to build approximately 10,000 feet of multifamily space on multiple levels. Amazing access to City Center, recreation, shopping, bars etc. Don't miss out on this! A properly developed property can offer CAP rates approaching 15% based on our initial underwriting. New product in this market is rare and as soon as offered would garner a high quality tenant for a high quality product.
    Exterior Features

    Approximate Lot Size 6710 Location Central Business DistrictUrban Area Development Lot Description 1-2.5 Acres Style Of Property Unimproved Business/Commercial Surface Description Paved Road Type Of Property Residential Waterfront Property YN No

    Property Features

    Environmental Audit None Geographic Area Hollywood East (3010-3050) On Site Utilities Cable TvElectric Ownership Corporation Possession Information Negotiable Property Sq Ft 6710 REO No Sewer Description Other Sewer Short Sale No Subdivision Name Hollywood Park 4-19 B Tax Amount 4025 Tax Year 2018 Usage Unimproved Multi Family (5+Units) Utilities Available Cable TvElectricSewerTrash Removal Water Description Municipal Water Zoning Information Rm-9

    This listing is courtesy of The Newman Group, Llc.


    Listing information © 2019 Greater Fort Lauderdale REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Lucido Global | KW Coral Gables - Coconut Grove. Data last updated: 2019-10-19T12:18:07.573.

     
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