Rare opportunity to build in the booming Hollywood submarket. The sale of this parcel includes a full set of approved plans for 7 luxury three-story townhomes as well as a site approved set of plans for an 18 unit residential building. Build a long lasting asset in a central location close to all major highways, beaches, entertainment, 15 minutes from Downtown Fort Lauderdale, 25 minutes from Downtown Miami. Strong rental market if you wish to keep, or could individually folio and sell each unit at a premium.
Seller is willing to entertain a joint venture offer as well. Full set of plans available for review upon request. Any questions please reach out to listing agent or co-listing agent.
2351 Thomas St, Hollywood, FL, 33020
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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