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
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
07/22/2024 | Listed | $5,999,900.00 | $599.09 ft2/$6,448.57 m2 |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild