For Sale

2306 Van Buren St

Hollywood, FL 33020

$2,000,000

Highlights

  • 24,135 SF building on a 20,502 SF (0.47 acres) lot
  • 36 units
  • Asking $83/SF

Property facts

Price
$2,000,000
Price per SF
$83/SF
Property type
Land development
Building size
24,135 SF
Lot size
20,502 SF (0.47 acres)
Units
36

About this property

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 includes 15 one-bedroom units, 12 one-bedroom plus den units, 3 two-bedroom units, and 6 three-bedroom units, offering a well-balanced layout for 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.

From the listing broker.

Location

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