2115 Mckinley St, Hollywood

$290,000

0 Beds
0 Baths
6,710 Sqft
.15 Acres
0 Garages

Located amazingly close to downtown and the beach! This property was used as a 2 unit property. A fire destroyed one unit and the rear unit is currently rented. This is a great redevelopment lot. Market conditions for rentals in this area are very attractive. This property offers a developer the opportunity to build approximately 10,000 feet of multifamily space on multiple levels. Amazing access to City Center, recreation, shopping, bars etc. Don't miss out on this! A properly developed property can offer CAP rates approaching 15% based on our initial underwriting. New product in this market is rare and as soon as offered would garner a high quality tenant for a high quality product.

Essential Information
MLS® #F10191599
Price$290,000
Bathrooms0.00
Square Footage6,710
Acres0.15
StyleUnimproved Business/Commercial
StatusActive-Available
Type

Commercial/Business/Agricultural

Community Information
Address2115 Mckinley St
Area3050
SubdivisionHollywood Park 4-19 B
CityHollywood
CountyBroward County
StateFL
Zip Code33020-3052
Amenities
UtilitiesCable Tv, Electric
Exterior
Lot Description1-2.5 Acres
Additional Information
Days on Market51
ZoningRM-9
Listing Details
OfficeThe Newman Group, LLC

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