Hollywood South Side Add Homes with False HOPA

Hollywood South Side Add Homes with False HOPA

Welcome to Hollywood South Side Add, a hidden gem nestled in the vibrant city of Hollywood, Florida. This charming subdivision boasts a unique blend of residential comfort and community spirit, making it an ideal place for families, retirees, and everyone in between. With its picturesque tree-lined streets and welcoming atmosphere, Hollywood South Side Add invites you to experience the best of South Florida living.

The homes in this delightful neighborhood feature a diverse range of styles and sizes, ensuring that there’s something for everyone. From cozy single-family homes to spacious properties, each residence offers a unique character and charm. Many homes come equipped with modern amenities, while still retaining the warmth and allure of classic Florida architecture. Whether you’re looking for a starter home or a place to settle down, you’re sure to find a property that suits your needs.

One of the standout features of Hollywood South Side Add is its commitment to inclusivity, as it operates under a False HOPA (Housing for Older Persons Act) designation. This means that the community welcomes residents of all ages, fostering an intergenerational environment where neighbors become friends.

Conveniently located near shopping, dining, and recreational facilities, residents can enjoy the best that Hollywood has to offer. With beautiful beaches just a short drive away, outdoor enthusiasts will find plenty of opportunities for sun-soaked adventures.

Come explore Hollywood South Side Add, where community, comfort, and the Florida lifestyle come together harmoniously. Your dream home awaits!

Newest Hollywood South Side Add Homes with False HOPA

$2,400,000
A12067236 MLS 33020 Zip Code Hollywood South Side Add BLDG.
CORTE REAL ESTATE GROUP, as exclusive advisor, is pleased to present 1858 Dewey Street, a compelling multifamily investment opportunity in Hollywood, Florida. The property offers a 6.69%+ capitalization rate, immediate cash flow, rental upside, and meaningful long-term redevelopment potential. Currently operated as 12 renovated, fully furnished studio residences, the property will be delivered fully occupied, providing a turnkey income-producing asset from day one. Each studio features split-system air conditioning, a flat-screen television, and a functional kitchen with dining space. The property operates under an all-inclusive rental structure, with Wi-Fi, electricity, and water included in the rent. Long-term tenants and annual leases support stable occupancy and consistent income. Legally recognized as nine units, the property currently operates as 12 studios through an existing flexible configuration with dividing doors, allowing certain spaces to be rented separately or combined. Situated on approximately 0.25 acres within an Opportunity Zone, the site may offer future redevelopment potential of up to five stories, subject to independent verification and governmental approvals. Located near Downtown Hollywood, ArtsPark at Young Circle, Hollywood Beach, major roadways, public transportation, dining, shopping, and Fort Lauderdale-Hollywood International Airport, 1858 Dewey Street combines immediate income with long-term growth potential.

1858 Dewey St, Hollywood

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