Description
1925 & 1927 Rodman St, Hollywood, FL 33020 two adjacent properties offered together with a combined lot size of 10,844 sq. ft. Zoned for redevelopment, the site allows for up to 5 stories and 18 units, making it a rare development opportunity in a highly sought-after area. Currently, the properties feature 4 tenant-occupied units generating a gross annual rental income of $102,600. With an NOI of $100,648 and a strong 7.74% cap rate, this investment delivers both immediate income and long-term growth potential. Just 9 minutes from Hollywood Beach, the location offers excellent proximity to shopping, dining, and entertainment. Flood insurance is not required. Note: Properties must be sold together
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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2,086SQFT
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$767$/SQFT
School Ratings & Info
Description
1925 & 1927 Rodman St, Hollywood, FL 33020 two adjacent properties offered together with a combined lot size of 10,844 sq. ft. Zoned for redevelopment, the site allows for up to 5 stories and 18 units, making it a rare development opportunity in a highly sought-after area. Currently, the properties feature 4 tenant-occupied units generating a gross annual rental income of $102,600. With an NOI of $100,648 and a strong 7.74% cap rate, this investment delivers both immediate income and long-term growth potential. Just 9 minutes from Hollywood Beach, the location offers excellent proximity to shopping, dining, and entertainment. Flood insurance is not required. Note: Properties must be sold together
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