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124 S Federal Hwy, Hallandale Beach FL 33009

Commercial For Sale
$12,500,000

BTC: 194.55252918

ETH: 6,569.81877812

135 days
0 room(s)

Overview

124–136 South Federal Highway presents a premier corner development opportunity within the City of Hallandale Beach’s Central RAC district. The ±48,368-square-foot site occupies a prominent position along US-1, oering exceptional frontage, and zoning capacity to accommodate a wide range of vertical development strategies. Zoned Central RAC, the property permits multifamily, condominium, hotel, and mixed-use development with building heights of up to 20 stories. Base density allows approximately 70–90 units per acre, with the potential to increase to 120 units per acre through implementation of the Live Local Act. Beyond its standalone potential, the site presents a compelling assemblage opportunity, offering the ability to expand the footprint and further enhance scale within one of Hallandale Beach’s designated redevelopment districts. With limited remaining corner parcels along Federal Highway capable of supporting this level of vertical intensity, 124–136 South Federal Highway represents a rare opportunity to secure a strategically positioned development less than a mile away from Aventura.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
1.11 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,299,000
$414K – $5.6M
Confidence Low
List vs. estimate
$11.2M above estimate
List $12,500,000 · +862.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
11 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$18,008
2025
All facts and features
  • Lot

    • Lot: 1.11 Acres

    Other Property Information

    • Parcel Number: 514227240491

    • Zoning: CENTRAL

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • No Utilities

    • None

  • Other financial information

    • Annual tax amount: $18,008

  • Source details

    • MLS ID: A11985756

    Other facts

    • Lot Features: Corner Lot / 1-2.5 Acres

    • Water Source: Other

    • Lot Size Dimensions: 215x245

    • Subdivision Name: HOLLYWOOD ENTRADA AMENDED

Private inquiry
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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 ©2026-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: Gridline Properties