,Commercial, Hollywood South Side Add for Sale

for Sale

Price $5,999,900.00

• Lot size 21184
• Year Build
• Waterfront
• Zip 33020
• Style
• Parking Description
• Pool Yes
• Status Active

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.

HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 12 TO 14,15 LESS E 7 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC WHICH IS TANG TO S/L LOT 15

Central Business District, City Location, Less Than 1 Acre

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.

City:Hollywood,Zoning:FH-2,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:26.0025529,List Price:5999900,Listing Id:A11628201,Longitude:-80.143182,Mls Status:Active,Utilities:1:Electricity Connected,2:Natural Gas Connected,3:Phone Connected,4:Sewer Connected,5:Water Connected,6:Cable Available,7:Electricity Available,8:Sewer Available,9:Trash Removal,10:Water Available,Current Use:1:Unimproved Hotel/Motel,2:Unimproved Multi Family (5+Units),Directions:GPS,Postal Code:33020,Coordinates:1:26.0025529,Lot Features:1:City Location,2:Less Than 1 Acre,Building Name:HOLLYWOOD SOUTH SIDE ADD,Days On Market:2,Lot Size Acres:0.61,Lot Size Units:Square Feet,M I A M I R E_ Area:3050,M L S Area Major:Hollywood South Side Add,On Market Date:2024-07-22,Parcel Number:514222102090,Property Type:Commercial Land,Public Remarks: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.,County Or Parish:Broward County,Frontage Length:121,List Office Name:Rise Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6026,Property Sub Type:Commercial,State Or Province:FL,Subdivision Name:HOLLYWOOD SOUTH SIDE ADD,Tax Annual Amount:38334,Unparsed Address:1040 S Federal Hwy, Hollywood FL 33020,Listing Agreement:Exclusive Agency,Building Area Units:Square Feet,Lot Size Dimensions:121x183,Lot Size Square Feet:21184,M I A M I R E_ L P Amt Sq Ft:283.2279,Original List Price:5999900,Public Survey Range:51,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-07-22,Originating System I D:miamire,Public Survey Section:22,Showing Instructions:Call Listing Agent,Street Number Numeric:1040,Tax Legal Description:HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 12 TO 14,15 LESS E 7 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC WHICH IS TANG TO S/L LOT 15,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Opportunity Zone! Prime mixed-use land for hotels, commercial, and residential. Build up to 5 stories and 79,683 SF. Prime US-1 frontage w/44,000 VPD,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-07-22,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,