Charles Rutenberg Realty, LLC
The Schoonover Smith Group
Email: [email protected]
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listing
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LandFor Sale
$1,280,000
1734 Wiley St #1-4
Hollywood, FL 33020
Courtesy of LoKation
MLS: Realtors of the Palm Beaches & Greater Fort Lauderdale
10,880Sq Ft
Est. Mortgage
$6,707/mo

Triplex on double lot for development zoned FH-2 . Build 32 condos/apartment building. Two folio numbers, Can easily do unity of title. Prime location E. Federal & 0.9 miles to young circle & vibrant downtown Hollywood. 2.8 miles from Hollywood Beach boardwalk. Build new condos & capitalize on the high demand for new construction. Sell pre-construction to bankroll the project. Buyer has to get plans & go through the approval process (approximately 1 year). Collect $3600 monthly in rents in the interim. Seller financing with 850,000 down. Seller must be first lien holder & will hold note at 6% interest only, for 2 years to allow buyer to go through approval process of the project. Seller concessions not to exceed 3% of sales price. Showings only with proof of funds or valid offer.

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Listing provided courtesy of LoKation
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