6206 Buchanan St, Hollywood, FL 33024
- $2,500,000
- List Price
- $2,500,000
- MLS#
- A11928034
- Status
- ACTIVE
- Type
- Commercial
Property Description
Prime Redevelopment Opportunity!! The subject property is an 11-pod mobile home park positioned on a 21,785 SF parcel in central Hollywood, Florida. The property is 91% occupied and produces approximately $4,000 per month in income, offering stable cash flow in a strong affordable housing market. Zoned C-MU, the site provides significant redevelopment potential and can support an estimated 30 to 35 multifamily units with Flexibility or Replacement Units, subject to city approvals. The parcel features strong frontage, low operating expenses, and a strategic location near US-441, major retail corridors, public transit, and key employment centers. This asset offers a rare combination of reliable income and long-term development upside in a rapidly growing Broward County infill corridor.
Additional Information
- Days on Market
- 232
- Tax Amount
- $9,707
- Parcel Number
- 514113100380
- Lot Size
- 21,785
- Address
- 6206 Buchanan St, Hollywood
- Development Name
- Gracewood No 6
- Development
- Gracewood No 6
- Section
- 13
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Listing Courtesy of RE/MAX 5 Star Realty, Contact: