THIS PROJECT WAS FULLY APPROVED BY THE CITY OF HOLLYWOOD 3/12/24 COME AND JOIN THE OTHER DEVELOPERS THAT ARE TURNING HOLLYWOOD INTO A NEW CITY!! Fillmore Breeze" is a developer & investor opportunity, strategically designed by the renowned Hollywood Architect Joseph Kaller. The project consists of 27 units, 9 units: 2 bedrooms + den & 2 bathrooms Size: 1232 sq. ft. under a/c & 1460 total sq. ft. 18 units: 1 bedroom & 1 bathroom Size: 788 sq. ft. under a/c & 947 total sq. ft. units come with washer dryers. Amenities: The building features a rooftop community center and outdoor space, providing additional attractive features for potential buyers or tenants. Property has month-to-month tenants, gross annual income of $51,000.00. Potential revenue stream while the project is being developed Walk to downtown Hollywood With the city's revitalization efforts, ongoing construction, and future development plans, "Fillmore Breeze" becomes a promising investment for both immediate and long-term gains.
Hollywood benefits from a robust local economy with various economic drivers. Proximity to corporate headquarters and the availability of 5 million square feet of office space with high occupancy rates above 93% make it an attractive location for businesses.
Leisure and Entertainment: The world-famous Hollywood Hard Rock Hotel and Casino's recent $1.5 billion expansion, including the iconic Trademark Guitar Hotel, adds to the allure of the city as a premier leisure destination. The Margaritaville beachside development also contributes to the city's reputation as a top-tier destination for tourists and residents alike.
Diverse Workforce: With a workforce of 1 million people in Broward County and 83,000 in Hollywood, the city offers a skilled labor pool with expertise in various industries, such as aviation, healthcare, life sciences, marine industry, professional services, information, and communications fields.
Strategic Location: Hollywood's proximity to Port Everglades, Florida's #1 seaport by revenue generating $34 billion in annual economic activity, further enhances its potential as a significant economic hub in the region.
Population and City Ranking: As of 2020, Hollywood's population of 153,067 makes it the 12th largest city in Florida, indicating a sizable market for potential residents and tenants.
"Fillmore Breeze" is conveniently located within walking distance to downtown Hollywood, making it an attractive option for residents seeking easy access to entertainment, dining, and cultural amenities.
Transportation Accessibility: The new train station under construction adds another advantage to the property, providing residents with convenient public transportation options and potential connectivity to other areas.
City Renaissance: The burgeoning city of Hollywood's renaissance, driven by a massive rezoning effort, signals a positive and dynamic environment for potential investors and developers. The decades-long planning and rezoning efforts have set the stage for growth and development opportunities.
Maximized Density: The introduction of the FAR (Floor Area Ratio) system, aimed at maximizing density, presents an opportunity for investors to optimize the use of the property and capitalize on the growing demand for urban living.
Thriving Development: The millions of square feet of new retail, residential, and commercial development within a 5-mile radius of downtown Hollywood indicate a strong market demand and potential for growth in the area.
Investment Potential: With the city's revitalization efforts, ongoing construction, and future development plans, "Fillmore Breeze" becomes a promising investment for both immediate and long-term gains.
Regenerate response
Lonna Spitaleri
Costa Bella Realty Group
