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Property 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.

Features
Fenced
Public Sanitation
Address Map
FL
Broward County
Hollywood
33020
1040 S Federal Hwy
0
W81° 51' 24.5''
N26° 0' 9.2''
GPS
Additional Info
Rise Realty
Keith Darby
0
3085829
RISE01
Sale
$38,334
FH-2
01/30/2025 13:01:35
$0

1040 S Federal Hwy, Hollywood, Florida 33020

1040 S Federal Hwy, Hollywood, Florida 33020

21,184 Sqft
$5,999,900
Listing ID #A11734917
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11734917
Price : $5,999,900
Lot Area : 21,184 Sqft
Standard Status : Active
Building Area : 21,184 Sqft
MLS Status : Active
Property Type : Mixed Use
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