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29333654
29333653

2242 Jackson St, Hollywood, FL 33020

LoKation Real Estate
Listed by LoKation Real Estate
$2,350,000
122 days on market
Updated 70 days ago

Mediterranean Villas At Jackson

Details
Property Type Land, Multifamily
Sub Type Apartment Building, Commercial
Net Rentable (SqFt) 7,000
Units 7
Cap Rate 7.50%
Occupancy 90%
Class A
Year Built 1991
Year Renovated 2008-2023
Buildings 2
Stories 1
Lot Size (SqFt) 20,090
Zoning DH2
Parking Spaces 14 spaces
Investment Type Owner/User
Ownership Land Trust

Prime 7-Unit Turnkey Multifamily + Development Opportunity

Marketing description

Prime 7-Unit Turnkey Multifamily + Development Opportunity – 2242 Jackson St, Hollywood, FL

Rarely available 20,000 SF DH-2 zoned corner lot with a fully remodeled, 100% occupied 7-unit apartment building in the heart of Downtown Hollywood’s booming Dixie Highway corridor. All seven units are fully furnished 2-bedroom/1-bath apartments , featuring modern amenities like in-unit washer/dryer, tile floors, European-style baths with jacuzzi tubs, king beds, high-speed Wi-Fi, and comfortable living spaces. The property generates strong income and strong cash flow through a mix of short- and long-term rentals, with rents ranging from $2,600–$4,200/month and high occupancy.


Completely remodeled in 2010, freshly repainted in 2023, and continuously upgraded with modern finishes (jacuzzi tubs, in-unit laundry, tile throughout, king beds, high-speed Wi-Fi). Gated parking for 6+ cars, BBQ area, and excellent curb appeal.

Next-door catalyst: The adjacent parcel (2200 Jackson St) is in the final stages of rezoning from DH-2 to DH-3 (high-intensity mixed-use), which will allow significantly taller buildings, higher density, and ground-floor commercial — dramatically transforming the entire block and creating substantial uplift for surrounding properties.

Perfect for the investor seeking immediate cash flow with owner-financing available (20–30% down) or the developer looking for a boutique infill site in one of South Florida’s hottest revitalization zones — just blocks from Hollywood Beach, the Arts District, Young Circle, and the Brightline/Tri-Rail stations.


Investment highlights

Property Highlights

  • Prime Location: Downtown Hollywood’s Highland Garden neighborhood, blocks from arts district, beaches, transit, and amenities

  • Turnkey & Income-Producing: 7 fully furnished 2-bed/1-bath units with rents $2,600–$4,200/month (short- & long-term)

  • Excellent Condition: Built 1989, fully remodeled 2010, repainted 2023, constant cosmetic upgrades

  • Modern Amenities: In-unit laundry, tile floors, jacuzzi tubs, king beds, Wi-Fi, gated parking (14+ spaces), BBQ area, outdoor dining, sitting areas

  • Large Lot: 20,000 sq ft with redevelopment potential

  • Zoning: DH-2 – Medium-intensity multi-family, flexible for apartments/condos + Live Local Act bonuses

  • Development Upside: Adjacent to proposed DH-3 rezoning at 2200 Jackson St (Jan 26, 2026 meeting), potential 20–50% value uplift

  • Strong Market: Hollywood multifamily demand driven by tourism, population growth, and infrastructure investments

  • Flexible Terms: 1031 potential, Owner financing available with 20–30% down

Priced at $2,300,000 — an exceptional opportunity to acquire cash-flowing real estate with built-in redevelopment upside in the path of progress.


Listing Contacts

LoKation Real Estate
Listed by LoKation Real Estate

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Additional Information

Name
Tatiana Beltran
License
0699999
Brokerage
Lokation Real Estate
Brokerage Phone
954-545-5583
Title
Real state Salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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