A small apartment development in Hollywood received site-plan approval on Apr. 16, despite concerns from nearby residents about its size and proximity to single-family homes. The four-story, 22-unit building is planned for 2101-2111 North 16th Avenue in the northwest corner of Hollywood Lakes, a residential area where the homeownership rate is reported at 87 percent by the U.S. Census Bureau.
The Hollywood City Commission unanimously approved both the design and site plan for the project, which will be located two blocks east of Federal Highway and across from South Broward High School. Giltor 36 LLC, based in Boca Raton, purchased the property for $1.5 million in 2022 according to county records. Gil Ovadia is listed as owner and developer.
Ovadia said he has worked for three decades as an adviser and investor in real estate projects and that his background includes legal work with dual British and American citizenship. The new building would replace an existing one-story apartment structure on the edge of Hollywood Lakes where single-family home prices range from about $700,000 to over $1 million.
Several local residents voiced objections during public comments, arguing that a four-story structure was too tall for an area so close to single-family homes. However, city officials confirmed that such height is permitted under a zoning change enacted in 2016 aimed at encouraging transit-oriented development along Federal Highway.
Designed by architect Joseph Kaller of Hollywood, the building will offer thirteen one-bedroom units and nine two-bedroom units averaging around 625 square feet each with a total of thirty-four parking spaces. Amenities include a second-floor deck with pool and fitness center. Keith Poliakoff, attorney for Ovadia, said the compact design aims to keep rents more affordable.
Ovadia indicated construction could begin before year-end with projected monthly rents ranging from $1,800 to $2,600 depending on unit size—figures he said are consistent with city averages reported by RentCafe. He also mentioned that while future conversion into condominiums is possible, financing options currently favor rental developments.
