Hollywood Little Ranches Homes with NoRestrictions

Hollywood Little Ranches Homes with NoRestrictions

Welcome to Hollywood Little Ranches, a hidden gem nestled in the vibrant city of Hollywood, Florida, within the heart of Broward County. This charming subdivision is a unique blend of suburban tranquility and urban convenience, making it an ideal location for families, professionals, and anyone seeking a laid-back lifestyle with easy access to the bustling Miami metropolitan area.

One of the standout features of Hollywood Little Ranches is its diverse array of homes, each boasting a distinctive character and appeal. Here, you’ll find a variety of properties that cater to different tastes and needs, from quaint single-family homes to spacious ranch-style residences. The best part? This community embraces a spirit of freedom with no restrictions on property use, allowing homeowners to truly make their space their own. Whether you're looking to create a lush garden oasis, set up a home business, or simply enjoy the freedom of open living, this is the place to do it.

Residents of Hollywood Little Ranches enjoy a peaceful atmosphere while being just minutes away from the vibrant attractions of Hollywood Beach, downtown shopping and dining, and numerous parks and recreational facilities. This prime location offers the perfect balance of relaxation and excitement, ensuring that you can enjoy the best of both worlds.

With its welcoming community vibe, diverse housing options, and the freedom to personalize your property, Hollywood Little Ranches is not just a place to live—it's a place to thrive. Discover your dream home in this enchanting neighborhood today!

Newest Hollywood Little Ranches Homes with NoRestrictions

$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

$629,750
B26036914 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

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