1610 N Dixie Hwy # 48, Hollywood FL 33020
Hollywood, FL 33020
$4,250,000
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- Price
- $4,250,000
- Building size
- 14,430
- Property type
- Mixed Use
- Year built
- 1970
- Lot size (sq ft)
- 27,393
- MLS number
- A11994603
This listing is courtesy of Fausto Commercial Realty Consultants Inc, 786-748-7373.
About this property
Rare opportunity to acquire a 48-unit mixed-use property at 1610 N Dixie Hwy in Hollywood at a true value-add price. The asset consists of apartments, office, retail, and storage across a 27,393 SF lot with DH-3 zoning, allowing for redevelopment potential of approximately 90 residential units or alternative uses such as warehouse. The current unit mix includes 41 studio apartments, 2 one-bedroom/one-bath units, 3 office spaces, 1 retail store, and 1 storage unit. Only 13 units are currently occupied, with the majority vacant and requiring full rehab, creating a significant upside opportunity for investors looking to reposition or redevelop. The property is being sold with existing liens/violations and is priced accordingly for a cash-only buyer. Located just minutes from I-95, Fort Lauderdale-Hollywood International Airport, Downtown Hollywood, Young Circle, and the beaches. Opportunities like this rarely hit the market at this basis. priced to move quickly!
Details
- Property type
- Mixed Use
- Year built
- 1970
- Lot size (sq ft)
- 27,393
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC