322 Oklahoma St.

Build-to-sell, capital back at exit

Hollywood triplex on a lot zoned for a 5-story 18-room boutique hotel.

Build-and-sell development strategy on a parcel at 322 Oklahoma Street in Hollywood, Florida, currently improved with a triplex and zoned for a 5-story, 18-room boutique hotel. The strategy treats the existing structure as an interim income source during pre-development work and targets vertical construction of a boutique hospitality asset under the existing entitlement envelope, with disposition on completion to a hospitality operator or investor. The boutique scale at 18 rooms is aligned with the operational profile of smaller independent hotels that have performed in the Hollywood Beach submarket, where room-night demand is supported by proximity to the Broadwalk, the Intracoastal, and the established visitor base. Hold duration is expected to span final design within the approved zoning envelope, permitting, demolition of the triplex, hard construction, and a marketing window for a completed boutique asset. Asking basis of 1.875 million dollars reflects the entitlement position and the existing structure. Capital deployment covers design, permitting, demolition, hard construction to hospitality specification including life-safety systems, FF&E if delivered turnkey, and carry through listing. Returns are targeted from the spread between all-in delivered cost and disposition pricing to a hospitality buyer, with the pre-existing zoning envelope materially reducing entitlement risk relative to sites requiring a rezoning path.

Address

322 Oklahoma St.

City

Hollywood, FL

ZIP

33019

Beds

9

Baths

9

Living sqft

1,700

Lot sqft

—

Year built

—

Waterfront

NONE

Real cost waterfall from sponsor proforma — 24-month build cycle, ground-up basis. Lines below are project cash expenses through completion and disposition, including property tax during the hold period.

Source: sponsor proforma · figures are forward-looking estimates · not a guarantee of return