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5838 McKinley St - McKinley Development Site

1.05 Acres of Residential Land Offered at $995,000 in Hollywood, FL 33021

Investment Highlights

  • Approved uses include multi-family, single-family homes, day care facilities, & places of worship.
  • Located between Miami and Ft. Lauderdale

Executive Summary

Significant price reduction to Sell! Excellent boutique multi-family development site in Hollywood for sale. Over an acre of land zoned SR7 RM-18 with development rights for up to 13 units, in an area that is rapidly increasing in value. Approved uses include multi-family, single-family homes, day care facilities, & places of worship. Great opportunity for a townhome development.
The property features a vacant 3 bed/1 bath home with 1,627 LA SF. Located between Miami and Ft. Lauderdale, accessibility is a huge advantage of this property. Close to Hard Rock Hotel & Casino, Hard Rock Stadium, Hollywood Beach, minutes to major highways simplifying commutes. Also, close to Ft. Lauderdale & Ft. Lauderdale Airport for those who value convenience.

Property Facts Under Contract

Price $995,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 1.05 AC

1 Lot Available

Lot

Price $995,000
Price Per AC $947,556.78
Lot Size 1.05 AC

HOLLYWOOD COUNTRY ESTATES 24-9 B LOT 31 BLK 2

Description

Over an acre of land zoned SR7 RM-18 with development rights for up to 13 units on Mckinley Street. Approved uses include multi-family, single-family homes, day care facilities, & places of worship. The property features a 3 bed/1 bath home with 1,627 LA SF. Located between Miami and Ft. Lauderdale, accessibility is a huge advantage of this property. Close to Hard Rock Hotel & Casino, Hard Rock Stadium, Hollywood Beach, minutes to major highways simplifying commutes. Also, close to Ft. Lauderdale & Ft. Lauderdale Airport for those who value convenience.

zoning

Zoning Code SR7 RM-18 (Medium density multiple family housing on State Road 7)
SR7 RM-18 (Medium density multiple family housing on State Road 7)
  • Listing ID: 29218534

  • Date on Market: 8/8/2023

  • Last Updated:

  • Address: 5838 McKinley St, Hollywood, FL 33021

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