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$1,750,000
B26035471 MLS
Prime redevelopment opportunity in Hollywood's rapidly transforming DH-2 corridor. Ideal for investors, developers, and owner-users seeking exposure to one of South Florida's most active urban infill markets. Conveniently located near Downtown Hollywood, Young Circle, US-1, beaches, and major employment centers. Existing improvements may provide interim income while pursuing future redevelopment. The area continues to benefit from revitalization, new mixed-use projects, and strong rental demand. Seller financing available for qualified buyers with as little as 40% down and a below-market interest rate, creating a unique opportunity. the assemblage may support a future residential development program of approximately 29 to 32 units subject to zoning verification, site planning and parking. Executive Summary The Buchanan Street / North 20th Avenue assemblage presents a rare East Hollywood Mid-Core opportunity combining durable in-place income, attractive seller financing, and meaningful long-term redevelopment potential. The portfolio consists of 1948 Buchanan Street, 1952 Buchanan Street, and 615 North 20th Avenue, totaling nine residential units with a rear gated parking area in one of Hollywood's most dynamic redevelopment corridors. As currently improved, the 9-unit apartment complex generates immediate cash flow with an estimated 5% capitalization rate, providing investors with stable income from day one while preserving the flexibility to pursue future redevelopment. Unlike traditional development sites that often require carrying costs without income, this assemblage allows investors to collect revenue while planning and entitling a higher-density project. Further enhancing the investment opportunity, the seller is willing to provide purchase money financing with as little as 40% down and a below-market interest rate. This structure significantly reduces the purchaser's upfront equity requirement, improves cash-on-cash returns, and creates positive leverage that may outperform conventional financing alternatives. In today's lending environment, access to favorable seller financing represents a substantial economic advantage and may allow investors to achieve enhanced returns while preserving capital for future improvements or development activities. Beyond the existing income stream, the property's greatest value may lie in its redevelopment potential. Based upon preliminary planning assumptions, the assemblage may support a future residential development program of approximately 29 to 32 units, subject to zoning verification, site planning, parking requirements, utility capacity, and municipal approvals. The combination of existing income, assembled land area, and redevelopment flexibility creates a compelling covered-land investment strategy. Investment Highlights Current Yield Strategy • Nine-unit multifamily assemblage with immediate income. • Estimated 5% in-place capitalization rate. • Rear gated parking area providing operational flexibility and tenant appeal. • Potential for continued rental growth through proactive asset management. Enhanced Returns Through Seller Financing • Seller willing to hold a purchase money mortgage. • Approximately 40% down payment requirement. • Below-market interest rate. • Improved cash-on-cash returns and reduced equity exposure. • Ability to preserve capital for future value-add improvements or redevelopment planning. Future Development Opportunity • Preliminary redevelopment potential of approximately 29 to 32 residential units. • Located within a rapidly evolving East Hollywood corridor benefiting from continued investment and redevelopment activity. • Opportunity to create substantial land value through future entitlement and development. • Existing income stream helps offset carrying costs during the planning and entitlement process. The Buchanan Street assemblage is therefore positioned as more than a traditional multifamily acquisition. It is a strategic Mid-Core investment offering three distinct value drivers: immediate cash flow, favorable seller financing, and long-term redevelopment optionality. Few opportunities offer investors the ability to generate current income, enhance returns through attractive financing terms, and maintain control of a site with meaningful future development potential.

1954 Buchanan Street, Hollywood

$580,000
3 Beds 2 Baths B26027346 MLS
Beautifuly updated 3BD/2BA corner home in the desirable Hollywood Lakes area, east of US-1! This bright and inviting home features impact windows and doors, an updated kitchen with granite countertops and stainless-steel appliances, porcelain tile floors in the kitchen, dining area, and bathrooms, plus wood floors in the living room and bedrooms. The spacious primary bedroom includes a walk-in closet, and natural light fills every room. Enjoy a large paver driveway with space for up to 4 cars, a 1-car garage, and a private fenced backyard with a covered patio surrounded by palm trees — perfect for relaxing or entertaining. A/C was replaced in 2018 and water heater installed in 2017. No HOA! Located right next to Jefferson Park with tennis courts, basketball courts, and a kids' playground, making it a great home for families and outdoor living. Prime location just minutes from Hollywood Beach, the Intracoastal, Downtown Hollywood, FLL Airport, restaurants, shopping, and more. Great tenant in place willing to stay, excellent investment opportunity!

1603 Jefferson Street, Hollywood

$575,000
2 Beds 2 Baths B26002038 MLS
Great opportunity to own a 2-bedroom, 2-bath home in a highly desirable Hollywood location! Situated just about 2 miles from the beach, this property offers convenient access to some of the area's newest shopping centers, restaurants, and entertainment options. The home features a 1-car garage, gas water heater, and gas range. The property offers a unique layout and would benefit from updates, making it a great opportunity for buyers looking to renovate or customize to their needs. Its prime location near major attractions, beaches, and entertainment makes it an attractive option for short-term rental potential as well. Whether you're looking for a primary residence, vacation home, or investment opportunity in a rapidly growing area, this property offers excellent upside in a sought-after

1626 Tyler Street, Hollywood

$719,999
2 Beds 2 Baths R11066778 MLS Hollywood BLDG.
This Mediterranean home has a covered carport and brand new roof. Walk through the front door into a beautiful foyer with marble floors, framed by French doors that immediately tell you this home is distinctive. High ceilings and 6-foot windows fill every room with natural light. The formal dining room and generous living room each feature their own French door entry and original hardwood floors — a natural flow that makes the home feel both grand and welcoming. The kitchen has been completely redone with shaker cabinets, a large pantry cabinet, and dark marble countertops. A built-in laundry area and mudroom with its own entrance add everyday convenience. Behind the scenes: a new tankless water heater and new air ducts. Two bedrooms, two bathrooms, and a large private office with recessed lighting throughout — big enough to double as a guest room when you need it. The large master suite has its own glass door entry, a walk-in closet, and a master bath that has its own private entrance to the deck and hot tub. Step outside to tropical landscaping and fruit trees, all enclosed by a beautiful wood fence — a completely private outdoor retreat you'll use year-round in South Florida. Hollywood Lakes is one of Broward's most desirable neighborhoods. Minutes to the Hollywood Beach Boardwalk, top restaurants, and boutique shops. Fort Lauderdale and Miami both under 30 minutes.

1513 Adams Street, Hollywood