,Mixed Use for Sale

for Sale

Price $5,999,900.00

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

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

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,Latitude:26.0025529,List Price:5999900,Listing Id:A11734917,Longitude:-80.143182,Mls Status:Active With Contract,Directions:GPS,Postal Code:33020,Contingency:Backup Contract/Call LA,Coordinates:1:26.0025529,Photos Count:11,Days On Market:20,Lot Size Acres:0.61,Lot Size Units:Square Feet,M I A M I R E_ Area:3050,On Market Date:2025-01-30,Parcel Number:514222102090,Property Type:Commercial Sale,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 Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Postal Code Plus4:6026,Property Sub Type:Mixed Use,State Or Province:FL,Tax Annual Amount:38334,Unparsed Address:1040 S Federal Hwy, Hollywood FL 33020,Listing Agreement:Exclusive Agency,Building Area Total:21184,Building Area Units:Square Feet,Lot Size Square Feet:21184,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:2025-01-30,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:2025-02-19,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,