322 Oklahoma St.
Build-to-sell, capital back at exit
Hollywood Beach legal triplex, 4BR/4BA and 1,700 sqft, with zoning potential for a 5-story 18-room hotel.
Entitlement-oriented strategy on a legal triplex at 322 Oklahoma Street in Hollywood, Florida, totaling 4 bedrooms, 4 baths, and 1,700 square feet, built in 1941. The public listing describes a renovated triplex steps from the ocean and notes zoning potential for a 5-story, 18-room hotel, with adjacent 326 Oklahoma also referenced as available. The strategy treats the existing triplex as the current income-producing improvement while underwriting a developer-oriented disposition or future hospitality redevelopment path if zoning, adjacent-lot control, and approvals support that outcome. Hold duration is expected to span final zoning diligence, optional adjacent-parcel coordination, design review, and either resale to a hospitality developer or continued operation of the triplex. Asking basis of 1.4 million dollars reflects the existing legal triplex, Hollywood Beach location, and redevelopment optionality rather than a completed hotel entitlement. Capital deployment covers diligence, design and permit work if pursued, limited maintenance or unit refresh, carry, and marketing to either income-property or boutique-hospitality buyers. Returns are targeted from the spread between entry basis and disposition value after clarifying the redevelopment path, with zoning confirmation and adjacent-lot optionality as threshold conditions.
- Address
- 322 Oklahoma St.
- City
- Hollywood, FL
- ZIP
- 33019
- Beds
- 4
- Baths
- 4
- Living sqft
- 1,700
- Lot sqft
- Pending
- Year built
- 1,941
- Waterfront
- No waterfront
- Legal triplex
- Hotel zoning potential
- Hollywood Beach
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.
Vertical construction budget at $400/sqft across 9,500 sqft.
Project-specific upgrades such as pool, landscape, driveway, lighting and closet packages where applicable.
Source: sponsor proforma · figures are forward-looking estimates · not a guarantee of return