Peter Dacko

$1,750,000

0.47 Acres

Hollywood, Florida, 33020

REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 20,515 SF, two parcel assemblage containing a 3plex and a single-family home. It is estimated that the sites highest and best use is a 45 residential development in close proximity to the urban redevelopment core of downtown Hollywood. For qualified purchasers, the seller will consider providing a purchase money mortgage with a below market interest rate with a 40% down payment. Hollywood's Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County's Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 20,515 SF, two parcel assemblage containing a 3plex and a single-family home. It is estimated that the sites highest and best use is a 45 residential development in close proximity to the urban redevelopment core of downtown Hollywood. For qualified purchasers, the seller will consider providing a purchase money mortgage with a below market interest rate with a 40% down payment. Hollywood's Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County's Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. The city has quietly become one of South Florida's most active urban infill redevelopment markets, driven by public infrastructure investment, transit accessibility, favorable zoning, and a growing pipeline of mixed-use and multifamily projects. More than 3,500 residential units have been approved or are under construction in and around Downtown Hollywood and its major corridors, creating a critical mass that is reshaping the city's urban core. The subject property provides a $102,600 gross income and a $40,203 NOI. Positioned in the Path of South Broward's Urban Renaissance Downtown Hollywood has emerged as one of South Florida's most compelling redevelopment markets, offering a unique combination of favorable zoning, strong rental demand, and land values that remain attractive relative to more mature urban cores such as Brickell, Wynwood, Downtown Fort Lauderdale, and Flagler Village. Driven by a growing population of young professionals, healthcare workers, hospitality employees, airport-related businesses, and Miami commuters seeking affordability, the area continues to experience sustained multifamily demand. Combined with the walkability of Young Circle, ArtsPark, downtown dining and entertainment, and proximity to Hollywood Beach, the district offers the lifestyle amenities increasingly sought by today's renters. Equally significant is the ongoing transformation occurring immediately south along the Federal Highway corridor in Hallandale Beach. As new mixed-use, multifamily, hospitality, and commercial developments continue to reshape Hallandale's urban core, the redevelopment momentum between Downtown Hollywood and Aventura is creating a continuous South Broward growth corridor.

$3,600,000

0.92 Acres

Hollywood, Florida, 33020

REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 40,200 SF, three parcel assemblage containing a 10plex, a 3plex and a single family home. It is estimated that the sites highest and best use is a 90 residential development in close proximity to the urban redevelopment core of downtown Hollywood. For qualified purchasers, the seller will consider providing a purchase money mortgage with a below market interest rate with a 40% down payment. Hollywood's Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County's Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. The city has quietly become one of Sout REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 40,200 SF, three parcel assemblage containing a 10plex, a 3plex and a single family home. It is estimated that the sites highest and best use is a 90 residential development in close proximity to the urban redevelopment core of downtown Hollywood. For qualified purchasers, the seller will consider providing a purchase money mortgage with a below market interest rate with a 40% down payment. Hollywood's Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County's Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. The city has quietly become one of South Florida's most active urban infill redevelopment markets, driven by public infrastructure investment, transit accessibility, favorable zoning, and a growing pipeline of mixed-use and multifamily projects. More than 3,500 residential units have been approved or are under construction in and around Downtown Hollywood and its major corridors, creating a critical mass that is reshaping the city's urban core. The subject property provides a $321,276 gross income and a $180,655 NOI. Positioned in the Path of South Broward's Urban Renaissance Downtown Hollywood has emerged as one of South Florida's most compelling redevelopment markets, offering a unique combination of favorable zoning, strong rental demand, and land values that remain attractive relative to more mature urban cores such as Brickell, Wynwood, Downtown Fort Lauderdale, and Flagler Village. Driven by a growing population of young professionals, healthcare workers, hospitality employees, airport-related businesses, and Miami commuters seeking affordability, the area continues to experience sustained multifamily demand. Combined with the walkability of Young Circle, ArtsPark, downtown dining and entertainment, and proximity to Hollywood Beach, the district offers the lifestyle amenities increasingly sought by today's renters. Equally significant is the ongoing transformation occurring immediately south along the Federal Highway corridor in Hallandale Beach. As new mixed-use, multifamily, hospitality, and commercial developments continue to reshape Hallandale's urban core, the redevelopment momentum between Downtown Hollywood and Aventura is creating a continuous South Broward growth corridor.

$1,875,000

0.35 Acres

Hollywood, Florida, 33020

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.