An exceptional opportunity to develop seven luxury townhomes in the highly desirable Hollywood submarket. Strategically located between Miami and Fort Lauderdale, this property offers excellent potential for both long-term rental income and individual unit resale. This location is ideally positioned near major highways, beautiful beaches, top-rated restaurants, airports, shopping, and entertainment, providing future residents with convenient access to everything South Florida has to offer.Each townhome has been thoughtfully designed across three levels, maximizing space and functionality while incorporating modern finishes and amenities tailored to today’s discerning buyers and renters. The approved site plan also includes a community pool and clubhouse area, creating an attractive blend of privacy, luxury, and community appeal.Investors have the flexibility to retain all seven townhomes as long-term rentals or sell the units individually, with each townhome proposed as a separate folio. This flexibility creates multiple potential exit strategies and enhances the overall investment appeal.With the challenging work of rezoning and site approval already completed, this is an ideal opportunity for an experienced builder or developer looking for their next South Florida project. Take advantage of an approved development plan in a sought-after market and bring this exciting townhome community to life.
| MLS # | A12068971 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2026 |
| Days On Site | 30 |
| Listing Provided By | Lifestyle International Realty | Luis M Riascos |
| SQ Feet | 18,000 |
|---|---|
| Units | 1 |
| Building(s) | 2 |
| Zoning | DH-1 |
| Acreage | 0.39 |
| Lot Features | Quarter To Half Acre Lot |
|---|
| Parking Features | Common, On Street |
|---|
| Tax Annual Amount | 8312 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Listing VS Median (in 33020) | |
Price: $874,999 low | high Med: $7,700 sqft: 18,000 low | high Med: 21,413 $ / sqft: $49 low | high Med: $0 On site: 30 low | high Med: 30 | |
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Listing VS Median (in 33020) | |
Price: $874,999 low | high Med: $7,700 sqft: 18,000 low | high Med: 21,413 $ / sqft: $49 low | high Med: $0 On site: 30 low | high Med: 30 | |