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Triplex on double lot for development zoned FH-2 . Build 32 condos/apartment building. Two folio numbers, Can easily do unity of title. Prime location E. Federal & 0.9 miles to young circle & vibrant downtown Hollywood. 2.8 miles from Hollywood Beach boardwalk. Build new condos & capitalize on the high demand for new construction. Sell pre-construction to bankroll the project. Buyer has to get plans & go through the approval process (approximately 1 year). Collect $3600 monthly in rents in the interim. Seller financing considered w/ 850 k down. Seller must be 1st lien holder & will hold note at 7% interest only, for 2 yrs to allow buyer to go through approval process of the project. Seller concessions not to exceed 3% of sales price.rnShowings only with proof of funds or valid offer.
Listing Updated: 2024-11-01 23:05:59
