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504 N 20 Ave
Hollywood, FL 98902-1839
Asking Price
$2.20M
Asset Type
Apartment Building Mixed-use
Class
Class B
What's Special
Fully Permitted and Shovel Ready Upon Closing. 50% Seller Financing Availble <ul><li>50% Seller Financing Available</li><li>Shovel-ready development opportunity with seller-represented permits in place.</li><li>Approved/planned 50-unit multifamily project with ground-floor retail.</li><li>10-story mixed-use building concept with residential units, structured parking, and amenity deck.</li><li>Prime Hollywood infill location at 504 & 520 N 20 Ave.</li><li>DH-3 zoning within the Dixie Highway High Intensity Mixed-Use District.</li><li>Regional Activity Center / Down
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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796
