$5,999,900
( $283.23Per Sq Foot )
$32,209 est/mo Sourced by Back At YouMLS Number: A11734917
Description
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.
Details
| MLS# | A11734917 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 87 |
| Listing Provided By | Rise Realty | Keith Darby |
Features
| SQ Feet | 21,184 |
|---|---|
| Zoning | FH-2 |
| Acreage | 0.61 |
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Subarea | Hollywood East (3010 3050) |
| Listing VS Median (in 33020) | |
Price: $5,999,900 low | high Med: $148,950 SqFt: 21,184 low | high Med: 608 $ / SqFt: $283 low | high Med: $246 On site: 87 low | high Med: 67.000000 | |
Listing Updated: April 11, 2025 at 4:33:11 PM PDT