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1040 S Federal Hwy, Hollywood FL 33020

Commercial For Sale
$5,999,900

BTC: 94.50817990

ETH: 2,471.91242692

58 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Prime development opportunity in an Opportunity Zone! Zoning: Flexible mixed-use zoning allows for hotels, commercial, and residential uses, with potential for up to 5 stories and 79,683 SF. Growth Potential: Located amidst high-rise buildings and mixed-use projects. Development Opportunity: Ideal for developers to generate income from office or retail tenants during planning and approval, with a proforma income of $230,000. Parking: 30 spaces with a ratio of 3 per 1,000 sq ft. Location: Prime frontage on US-1 with 44,000 VPD, offering excellent exposure and signage opportunities.

Location

Facts and features

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.61 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 0.61 Acres

    Other Property Information

    • Parcel Number: 514222102090

    • Zoning: FH-2

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Commercial

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Phone Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $38,334

  • Source details

    • MLS ID: A11628201

    Other facts

    • Lot Features: Central Business District / City Location / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 121x183

    • Subdivision Name: HOLLYWOOD SOUTH SIDE ADD

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Rise Realty