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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1610 N Dixie Hwy 1-48 , Hollywood, FL 33020
$4,250,000
Est. Payment: $9,444.44/mo
0 Bed
0 Bath
14430 Sqft
Status: Active | Days on site: 113
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House Description

Rare opportunity to acquire a 48-unit mixed-use property at 1610 N Dixie Hwy in Hollywood at a true value-add price. The asset consists of apartments, office, retail, and storage across a 27,393 SF lot with DH-3 zoning, allowing for redevelopment potential of approximately 90 residential units or alternative uses such as warehouse. The current unit mix includes 41 studio apartments, 2 one-bedroom/one-bath units, 3 office spaces, 1 retail store, and 1 storage unit. Only 13 units are currently occupied, with the majority vacant and requiring full rehab, creating a significant upside opportunity for investors looking to reposition or redevelop. The property is being sold with existing liens/violations and is priced accordingly for a cash-only buyer. Located just minutes from I-95, Fort Lauderdale-Hollywood International Airport, Downtown Hollywood, Young Circle, and the beaches. Opportunities like this rarely hit the market at this basis. priced to move quickly!

Highlights

Listed by Elior Levi , 954-743-7594 Fausto Commercial Realty Consultants Inc , 786-748-7373.

Property Type

Commercial Sale

Lot/Acreage
0.63

Year Built

1970

County

Broward

Area

3050

Listing ID

A11994603

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:DH-3
Principal Interest
$9,444
Taxes
$11,719

Home Price

$4,250,000

Loan Details

30 yrs
%

Down Payment

20%
$850,000
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Monthly Price:
$9,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,444.44 $11,719.25 $0.00 $21,163.69
Yearly $113,333.33 $140,631.00 $0.00 $253,964.33
Total $3,400,000.00 $4,218,930.00 $0.00 $7,618,930.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.