Hollywood Land for Sale

Hollywood Land for Sale

Welcome to Hollywood, Florida – a vibrant city that perfectly blends sun-soaked beaches, a rich cultural scene, and a relaxed lifestyle. Nestled in Broward County, Hollywood boasts a unique charm that attracts both residents and visitors alike. With its picturesque coastline, lush parks, and a thriving downtown area, it's no wonder that this city is a sought-after destination for those looking to settle down or invest in real estate.

The Hollywood subdivision offers an array of land for sale, providing an exceptional opportunity for homebuyers and investors to create their dream properties. Whether you envision a luxurious family home, a modern beach retreat, or a charming bungalow, the available plots in this area cater to a variety of tastes and budgets. Imagine waking up to the sound of ocean waves and enjoying your morning coffee with a view of swaying palms—this is the lifestyle that Hollywood offers.

The community is known for its friendly atmosphere and diverse population, making it an ideal place for families, retirees, and young professionals. The nearby Hollywood Beach Boardwalk is a hub of activity, featuring shops, restaurants, and entertainment options that embody the city's vibrant spirit. Additionally, the area's proximity to major highways and Fort Lauderdale International Airport ensures that you are well-connected to everything South Florida has to offer.

Investing in land in Hollywood is not just about acquiring property; it’s about embracing a lifestyle filled with sunshine, culture, and endless possibilities. Don’t miss your chance to be part of this thriving community—explore the available land for sale and start envisioning your future in beautiful Hollywood, Florida!

Newest Hollywood Land for Sale

$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

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