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$ 2,500,000
Est. payment /mo
Active
6206 Buchanan ST Hollywood, FL 33024
0.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Gracewood No 6
MLS Listing ID A11928034
HOA Y/N No
Annual Tax Amount $9,707
Tax Year 2025
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Unimproved Land
Property Description
Prime Redevelopment Opportunity!! The subject property is an 11-pod mobile home park positioned on a 21,785 SF parcel in central Hollywood, Florida. The property is 91% occupied and produces approximately $4,000 per month in income, offering stable cash flow in a strong affordable housing market. Zoned C-MU, the site provides significant redevelopment potential and can support an estimated 30 to 35 multifamily units with Flexibility or Replacement Units, subject to city approvals. The parcel features strong frontage, low operating expenses, and a strategic location near US-441, major retail corridors, public transit, and key employment centers. This asset offers a rare combination of reliable income and long-term development upside in a rapidly growing Broward County infill corridor.
Location
State FL
County Broward
Area 3100
Zoning C-MU
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Present Use Multi-Family,Single Family,Unimproved
Street Surface Paved
Road Frontage Public Road
Building
Lot Description Interior Lot
Water Public
Schools
Elementary Schools West Hollywood
Middle Schools Apollo
High Schools Mcarthur
Others
Restrictions City Restrictions
Tax ID 514113100380
Listed by John DeMarco RE/MAX 5 Star Realty
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