Hollywood Little Ranches Homes with Contemporary Style

Hollywood Little Ranches Homes with Contemporary Style

Welcome to Hollywood Little Ranches, a hidden gem nestled in the vibrant city of Hollywood, Florida. This charming subdivision offers a unique blend of suburban tranquility and urban convenience, making it an ideal destination for families, professionals, and retirees alike.

Hollywood Little Ranches is characterized by its spacious lots, lush greenery, and a warm sense of community. The neighborhood boasts a variety of contemporary-style homes that perfectly blend modern aesthetics with functional living. These residences often feature open floor plans, sleek finishes, and large windows that invite natural light, creating an inviting atmosphere for both relaxation and entertainment.

Living in Hollywood Little Ranches means you're just a stone's throw away from the breathtaking beaches of South Florida, as well as a myriad of parks, shopping centers, and dining options. The area is well-connected, with easy access to major highways and public transportation, ensuring that the bustling city of Fort Lauderdale and the vibrant nightlife of Miami are within reach.

Whether you're looking to enjoy a peaceful evening in your beautifully landscaped backyard or explore the local attractions, Hollywood Little Ranches offers the perfect balance of home and lifestyle. With its contemporary homes and friendly community, this subdivision is not just a place to live—it's a place to thrive. Come discover the charm of Hollywood Little Ranches, where your dream home awaits!

Newest Hollywood Little Ranches Homes with Contemporary Style

$629,750
3 Beds ⋅ 2 Baths ⋅ B26036952 MLS ⋅ 33020 Zip Code
Rare opportunity to acquire an income producing 3/2 home (w/in-law suite) & additional development capacity, walking distance from schools, library, parks & Downtown Hollywood, at over 30% below market value. Lots of new development nearby. Investors & developers have increasingly turned their attention to this area, recognizing its long term potential. This property should not be viewed solely as a single family home or solely as a land play; the true value is in both. The existing 3 bedroom 2 bathroom home can remain in place and continue generating income while 8 additional units are developed on the same lot, for a total of 9 units, without tearing down the current structure. All of the additional 8 units can be ~760 square foot 2 bedroom apartments. The included site plan shows viable layout, parking & access. A formal Pre-Application Consultation (PAC) meeting with the city has been held; representatives from every relevant discipline were present (planning, zoning, engineering, landscape, fire, etc) and they confirmed the site plan is feasible & compliant with current zoning & regulations. Sold land comps: $50k per (mostly 1 bedroom) unit. Active land comps: $58k-$101k per (mostly 1 bedroom) unit. Two bedroom units generally rent for around 30% more than one bedroom units; land buildable for two bedroom units is generally valued around 30% more than land buildable for one bedroom units. 3/2 house comps: $499k-$679k active, $410k-$580k sold. Subject property is a 3/2 house + 8 (2 bedroom) units of buildable land; market value ~$900k. 2 bed rents:$1.8k-$2.5k/mo. 3 bed rents:$3k-$3.8k/mo. Build cost:~$1.3M-$1.5M. All in:~$2M. Projected value:$3M+ = ~$1M instant equity. Potential ~10% cap. Seller will finance. Property is in a Qualified Opportunity Zone, which offers the potential for major tax benefits including deferring taxes, reducing capital gains taxes, and potentially paying no tax at all on the profit when you sell the property; consult tax professional for details and eligibility. See photos & attachments for details on location, plans, and comps. Call listing agent for more information.

2531 Pierce Street, Hollywood
Start Your Search