The subject represents a covered land opportunity in Hollywood which is experiencing a development boom. The property sits on 20,004ft.² and possesses DH-2 zoning which allowing for a 1.75 FAR and 4 floors by right. Analysis indicates the property will support the development of 30 residential units The subject property currently consists of a 4Plex. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Ft Lauderdale submarkets where over 70% of the new residential supply set to be delivered will be luxury rentals. The subject provides an opportunity for development while taking advantage of the strong demographics and pent-up demand.