Hollywood, FL 33020,1831 Plunkett St

$2,450,000

$2,500,000

2.0%
Est.Price: ?

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Est. payment /mo

0.5 Acres Lot


SOLD DATE : 06/10/2022

Key Details

Sold Price $2,450,000

Property Type Commercial

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Subdivision Hollywood South Side Add

MLS Listing ID F10325937

Sold Date 06/10/22

HOA Y/N No

Total Fin. Sqft 21600

Annual Tax Amount $11,780

Tax Year 2021

Lot Size 0.496 Acres

Property Description

The property contains 2 folios, 21,600 ft., zoned FH-2 and provides a 3.0 FAR with a height limitation of 10 stories located within an opportunity zone. It is estimated the site will accommodate 50 units. The subject has a state land use 74 which is an assisted living facility (ALF). The property has been improved with hurricane impact Windows, new kitchens cabinets, countertops, appliances, bathrooms and an exterior PVC fence. The property must be sold in as is condition without changing its use code or sold as a redevelopment opportunity. Accordingly, the highest and best use for the subject property is a 50-unit residential development. The Federal Highway Hollywood and surrounding corridor is quickly gentrifying with many projects in the planning, approved or construction stages.

Location

State FL

County Broward County

Area Hollywood East (3010-3050)

Zoning RM-18

Exterior

Utilities Available Cable Tv, Electric, Gas, Phone Line, Sewer, Trash Removal, Water

Water Access N

Private Pool No

Building

Lot Description Less Than 1 Acre

Sewer Public Sanitation

Water Municipal Water

Others

Pets Allowed No

Acceptable Financing Cash

Listing Terms Cash

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Media Realty
Bought with Media Realty
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4204 Gardendale St, Antonio, TX, 78229

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