Rare opportunity to acquire a 48-unit mixed-use property at 1610 N Dixie Hwy in Hollywood at a true value-add price. The asset consists of apartments, office, retail, and storage across a 27,393 SF lot with DH-3 zoning, allowing for redevelopment potential of approximately 90 residential units or alternative uses such as warehouse. The current unit mix includes 41 studio apartments, 2 one-bedroom/one-bath units, 3 office spaces, 1 retail store, and 1 storage unit. Only 13 units are currently occupied, with the majority vacant and requiring full rehab, creating a significant upside opportunity for investors looking to reposition or redevelop. The property is being sold with existing liens/violations and is priced accordingly for a cash-only buyer. Located just minutes from I-95, Fort Lauderdale-Hollywood International Airport, Downtown Hollywood, Young Circle, and the beaches. Opportunities like this rarely hit the market at this basis. priced to move quickly!
- State:
- FL
- County:
- Broward
- City:
- Hollywood
- Zipcode:
- 33020
- Street:
- 1610 N Dixie Hwy 1-48, Hollywood, Florida 33020
- Longitude:
- W119° 40' 13.7''
- Latitude:
- N34° 5' 52.8''
- Building Area:
- 14,430 Sqft
- Cumulative DOM:
- 1
- DOM:
- 1
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash
- Parcel Number:
- 514209050520
- Structure Type:
- Office, Apartment
- Tax Annual Amount:
- $140,631
- Tax Year:
- 2025
- Virtual Tour:
- Click Here
Commercial Sale For Sale
1610 N Dixie Hwy 1-48, Hollywood, Florida 33020, Hollywood, Florida 33020
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $4,750,000
- Year Built :
- 1970
- Lot Area :
- 27,393 Sqft
- MLS # :
- A11994603
- Property Sub Type :
- Mixed Use
