
$4,750,000 USD
Commercial for Sale, 1610 N Dixie Hwy 1-48, Hollywood, Florida 33020
- MLS#A11994603
Listed By Fausto Commercial Realty Consultants Inc
The Commercial Property for Sale located at 1610 N Dixie Hwy 1-48, Hollywood, Florida 33020 is currently for sale. 1610 N Dixie Hwy 1-48, Hollywood, Florida 33020 is listed for $4,750,000.
Property features
Lot/Land
- Land/Lot size:
2,545 m² (27,393 ft²)
Construction
- Year built: 1970
Description
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!
Location
1610 N Dixie Hwy 1-48, Hollywood, Florida 33020