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1040 S Federal Hwy, Hollywood FL 33020

Commercial For Sale
$5,999,900

BTC: 60.97459350

ETH: 1,784.09158489

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

Overview

Seller Financing is Available for this Prime development opportunity in an Opportunity Zone! **Zoning:** Flexible mixed-use zoning allows for various uses, including hotels, commercial, and residential, with potential for up to 5 stories and 79,683 SF. **Growth Potential:** Surrounded by high-rise buildings and mixed-use projects. **Development Opportunity:** Ideal for developers to generate income from office or retail tenants during planning and approval. Proforma income of $230,000 with a total built area of 10,115 sq ft. **Parking:** 30 spaces with a ratio of 3 per 1,000 sq ft. **Location:** Prime frontage on US-1 with 44,000 VPD, providing excellent exposure and signage opportunities.

Location

Florida • Hollywood • 33020 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
Free Parking / On Street
Year Built:
1936
Lot:
0.61 Acres
Heating:
Central Electric / Central Building A/C
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data
All facts and features

  • Heating

    • Central Electric

    • Central Building A/C

    Cooling

    • Central Building A/C

  • Parking

    • Free Parking

    • On Street

    Lot

    • Lot: 0.61 Acres

    Other Property Information

    • Parcel Number: 514222102090

    • Zoning: FH-2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $38,334

  • Source details

    • MLS ID: A11627630

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Central Business District / City Location / Corner Lot

    • Water Source: Public

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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