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1751-1753 Wiley Street
Hollywood, FL 33020
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
For Sale or JV .50 AC Infill Development Site <ul><li>Hard corner of a signalized intersection on US-1 -- 30,000+ AADT traffic count</li><li>+/-0.50-acre site with active hotel entitlements -- plans advanced, ready to build</li><li>Covered land play with in-place cash flow from existing 10 unit apartment building</li><li>FH-2 zoning allows multifamily, hotel, retail, and mixed-use by right</li><li>Live Local Act eligible -- unlocks density above by-right limits and height tied to tallest building within 1 mile</li><li>Hotel density ad
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
