Hollywood, FL 33020

FOR SALE - Active
$5,999,900

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 10,015 ft2/930.42 m2
  • Price Per: $599.09 ft2/$6,448.57 m2
  • Type: Commercial/Investment
  • Built: 1936
  • HOA: No info
  • MLS Number: A11627630
  • View No info
  • On Site: 123 days
  • Updated: Listing Refreshed: 19 Days Ago

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.

Price History

DateEventPriceChange RatePrice Per
07/22/2024Listed$5,999,900.00$599.09 ft2/$6,448.57 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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