Commercial Land with Approved Plans in Hollywood, FL

Approved plans for a 4-story building with 21 one-bedroom apartments near Young Circle and Brightline station in Hollywood, FL.
$1,220,000

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Florida Local Time --:--
MLS #A11723103
Listing Updated: 2026-07-12 18:29:35
Listed By: Fausto Commercial Realty Consultants Inc

Overview

This commercial land in Hollywood, FL, offers approved plans for a modern 4-story building featuring 21 spacious one-bedroom apartments, each nearly 1,000 sqft. The design includes private terraces, ADA compliance, and a sundeck, enhancing resident comfort and accessibility. Ground-level parking is provided with all required spaces, eliminating the need for structured parking. The site is conveniently located just minutes from Young Circle and nearby beaches, with the Brightline train stop within walking distance. This property presents a unique opportunity to develop a premium multifamily project in a vibrant and accessible location.

Property Highlights

Approved plans for 21 one-bedroom units, nearly 1,000 sqft each; private terraces; ADA compliance; sundeck; ground-level parking; close to Young Circle, beaches, and Brightline station.

Property Details

City: Hollywood
State: FL
Zip Code: 33020
Address:
Year Built:
Property Type: Commercial Land
Property Sub Type:
Listing Office Name: Fausto Commercial Realty Consultants Inc
County: Broward County
Garage Spaces:
Parking Features:
Interior Features:
Exterior Features:
Waterfront: No
Pool: No
HOA Fee: $0
Annual Tax: $9,965
Days On Market: 510 Days
Approved plans for a 4-story building featuring 21 spacious one-bedroom apartments (nearly 1,000 sqft each) with modern designs, private terraces, ADA compliance, and a sundeck. Includes ground-level parking with all required spaces (structured parking not required). Conveniently located just minutes from Young Circle, beaches, and within walking distance of the Brightline train stop, this site offers unparalleled potential. A rare chance to develop a premium multifamily project in a thriving location!

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

About This Neighborhood

Located in Hollywood, FL, this property benefits from a vibrant urban setting with easy access to local amenities. Young Circle, a popular community hub, is just minutes away, providing cultural events, dining, and shopping options. The nearby beaches offer recreational opportunities and scenic views. The neighborhood is supported by public transportation options, including the Brightline train station within walking distance, facilitating convenient travel to Miami and Fort Lauderdale. This blend of urban convenience and coastal lifestyle makes the neighborhood attractive for residents and developers alike.

Walkability & Lifestyle

This property is situated within walking distance of the Brightline train station, enhancing connectivity for residents. Young Circle, a local focal point, offers restaurants, shops, and cultural venues accessible by foot. Nearby beaches provide outdoor recreational opportunities, contributing to a balanced lifestyle. The neighborhood supports daily convenience with various amenities close at hand, encouraging a pedestrian-friendly environment. Residents can enjoy a mix of urban and coastal experiences without relying heavily on vehicles.

Things To Do Nearby

Residents and visitors can enjoy a variety of activities near this Hollywood property. Young Circle hosts community events, dining, and shopping experiences. The nearby beaches offer swimming, sunbathing, and water sports. For entertainment, the area includes nightlife venues and cultural attractions. Outdoor enthusiasts will appreciate parks and waterfront access, while boating and fishing opportunities are available at local marinas. This location supports an active lifestyle with diverse recreational options.

Nearby Schools

Hollywood offers access to a range of educational institutions, from primary schools to high schools, within reasonable commuting distances. Families considering residency in the area will find convenient options for public and private education. The neighborhood's accessibility supports daily school runs and extracurricular activities. While specific school names are not provided, the area's infrastructure supports a family-friendly environment with educational resources nearby.

Why Buyers Like This Area

Buyers appreciate this location for its blend of urban convenience and proximity to coastal attractions. The approved plans for a modern multifamily building simplify development, appealing to those seeking ready-to-build opportunities. Accessibility via the Brightline train and nearby highways enhances connectivity. The neighborhood's amenities, including dining, shopping, and recreational options, contribute to a desirable living environment. This property suits developers and buyers aiming to participate in Hollywood's evolving real estate market.

Investment Potential

This commercial land in Hollywood presents a promising opportunity for developers interested in multifamily residential projects. The approved plans for 21 spacious one-bedroom apartments cater to a market seeking modern, accessible living spaces. Its proximity to Young Circle and the Brightline train station enhances its appeal, potentially attracting tenants or buyers looking for convenient urban living. The inclusion of private terraces and a sundeck adds lifestyle value, while ground-level parking meets practical needs. Overall, this site offers a solid foundation for a well-positioned development in a growing area.

Rental Income Potential

The planned 21 one-bedroom apartments are likely to appeal to a broad tenant base, including professionals and commuters who value proximity to the Brightline train station and local amenities. The modern design and private terraces enhance rental desirability. Seasonal demand near the beaches may also support occupancy throughout the year. While rental income can vary, the property's location and features position it well to attract consistent tenant interest. Developers should consider market rental rates and tenant preferences when finalizing leasing strategies.
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