$499,900

Estimated payment $3,036/month

Total Views 345
0.27 Acres
$1,851,481 Price per Acre
11,761 Sq Ft Lot

About This Lot

Prime development opportunity in the heart of Hollywood’s North Downtown District. The property is offered with an approved site plan for a 5-unit multifamily building, allowing a streamlined path to development.
The vacant and cleared lot is zoned ND-1 (North Downtown District 1) and consists of 8,047 SqFt, with alley access, providing added flexibility, services, and overall site functionality.
The approved project features a three-story multifamily building with ground-floor parking and five residential units above. Each unit is designed with 2 bedrooms and 2.5 bathrooms, and the site plan includes a total of 9 parking spaces.
Seller will deliver the approved site plan prior to or at closing, allowing the buyer to bypass the entitlement phase and move directly toward permitting.
Excellent location just minutes from Downtown Hollywood, major corridors, dining, retail, public transportation, and approximately 5 minutes from the beach. The area continues to experience strong redevelopment momentum, with short-term rental activity expanding nearby, adding potential upside depending on future use and strategy.

Listing Agent

Yulianela Garces

RE/MAX 5 Star Realty License #3370646 Listed on: 02/04/2026

RE/MAX 5 Star Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,619

Lot Details

  • 0.27 Acre Lot
  • South Facing Home
  • Property is zoned ND-1

Location

  • City Lot

Community Details

  • No Home Owners Association
  • North Hollywood Condos
  • North Hollywood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514203103940

Property Details

Property Type

Land

Est. Annual Taxes

$5,619

Lot Details

0.27 Acres

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.27
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: NORTH HOLLYWOOD
  • CurrentPrice: 499900
  • InternetRemarks: Vacant multifamily lot for sale with approved site plan for a 5-unit building in Hollywood’s North Downtown District.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Exterior Features

  • Direction Faces: South
  • Lot Features: City Location, Alley
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTH HOLLYWOOD

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 514203103940
  • Additional Parcels: No
  • Current Use: Multi-Family, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 8047
  • Zoning: ND-1

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5619

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,619 $251,880 $48,280 $203,600
2025 $977 $254,100 $48,280 $205,820
2024 $939 $254,100 $48,280 $205,820
2023 $939 $64,820 $0 $0
2022 $903 $62,940 $0 $0
2021 $893 $61,110 $0 $0
2020 $876 $60,270 $0 $0
2019 $877 $58,920 $0 $0
2018 $853 $57,830 $0 $0
2017 $788 $56,650 $0 $0
2016 $793 $55,490 $0 $0
2015 $792 $55,110 $0 $0
2014 $795 $54,680 $0 $0
2013 -- $53,880 $16,090 $37,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2026 02/04/26 For Sale $499,900 +86.5% --
09/13/2024 09/13/24 Sold $268,000 +1.1% $349 / Sq Ft View Prior Sale
08/20/2024 08/20/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $265,000 -- $345 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $268,000 None Listed On Document
Warranty Deed $190,000 None Listed On Document
Warranty Deed $30,714 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11959531

MIAMI REALTORS® MLS

APN: 51-42-03-10-3940

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