Rare DH3 Redevelopment Opportunity ? 10+ Unit PotentialExceptional investment and development opportunity on a 6,720 sq ft lot zoned DH3 (Dixie Highway High Intensity Multi-Family District). This prime parcel allows up to 8,399 sq ft of total building area (FAR 1.25), 3 stories, and unlimited residential density.The existing 2-bed/2-bath home (~730 sq ft, built 1951) is currently rented at $2,500/month, providing immediate cash flow. However, the real potential lies in redevelopment: this site c...Rare DH3 Redevelopment Opportunity ? 10+ Unit PotentialExceptional investment and development opportunity on a 6,720 sq ft lot zoned DH3 (Dixie Highway High Intensity Multi-Family District). This prime parcel allows up to 8,399 sq ft of total building area (FAR 1.25), 3 stories, and unlimited residential density.The existing 2-bed/2-bath home (~730 sq ft, built 1951) is currently rented at $2,500/month, providing immediate cash flow. However, the real potential lies in redevelopment: this site can realistically support 10+ apartment units or a mixed-use building with retail on the ground floor.Key Development Specs:Max Building Area: 8,399 sq ftMax Height: 35 ft / 3 storiesMinimum Open Space: 40%Allowed Uses: Multifamily, mixed-use, retail, restaurants, offices, hotel, and more
View MoreCourtesy of
Agency Name: RE/MAX 5 Star Realty
Agent Name: Randall Sanz
Agency Phone: 954-361-0000
Presented by
Agency Title: Illustrated Properties
Agency Phone: (561) 272-4015
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2118 Coolidge St , Hollywood, FL 33020.
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