$500,000
$519,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
954 SqFt
SOLD DATE : 09/18/2020
Key Details
Sold Price $500,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Square Footage 954 sqft
Price per Sqft $524
Subdivision Hollywood Little Ranches
MLS Listing ID A10818130
Sold Date 09/18/20
HOA Y/N No
Annual Tax Amount $3,607
Tax Year 2019
Contingent Pending Inspections
Lot Size 0.470 Acres
Acres 0.47
Property Description
The subject offering includes two parcels of land totaling 20,502 square feet. Property is zoned DH2. See enclosed development and zoning regulations. Current zoning/density allows up to 27 new apartments. Included in this offering are recent lease comparables confirming the average leasing rate for a one-bedroom one-bathroom apartment is $1,600 a month. This property is priced to sell at only $25.30 per square foot. Recent comparable land sales included in this marketing package confirm the average price per square foot is $28.35.
Location
State FL
County Broward County
Community Hollywood Little Ranches
Area 3050
Exterior
Utilities Available Other
Present Use Multi-Family
Building
Lot Description <1 Acre
Sewer Other
Water Public
Others
Tax ID 514216014050
Financing Cash
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Bought with Piquet Realty
10011 Pines Boulevard Suite #103, Pembroke Pines, FL, 33024, USA