Hollywood Land for Sale

Hollywood Land for Sale

Welcome to Hollywood, Florida—a captivating coastal city nestled in the heart of Broward County, where sun-kissed beaches meet vibrant urban living. Known for its picturesque waterfront and lively atmosphere, Hollywood is the perfect blend of relaxation and excitement. The city boasts a rich cultural scene, with art galleries, theaters, and a plethora of dining options that cater to every palate.

In this charming subdivision, you will find an array of land for sale, offering a unique opportunity to build your dream home or invest in a thriving community. Imagine waking up to the gentle sound of ocean waves and the warm Florida sun streaming through your windows. The available parcels are strategically located, providing easy access to major highways, shopping centers, and the stunning Hollywood Beach Boardwalk—a scenic 2.5-mile promenade lined with palm trees, restaurants, and shops.

The subdivision is not just about land; it’s about lifestyle. Residents enjoy a plethora of outdoor activities, from boating and fishing to biking along the picturesque trails. The nearby Hollywood North Beach Park offers pristine sandy shores and serene picnic spots, perfect for family outings or peaceful afternoons.

With its growing economy and strong sense of community, Hollywood is an ideal place to invest in land. Whether you envision a stunning beachfront retreat or a cozy family home, the possibilities are endless. Don’t miss your chance to be part of this vibrant community—explore the land for sale in Hollywood today and turn your dreams into reality!

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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