Hollywood,FL 33020

$ 5999900

- Bed

0 Bath

21184 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 21,184 sqft

Price per Sqft $283

MLS Listing ID A11734917

Annual Tax Amount $38,334

Lot Size 0.610 Acres

Property Sub-Type Mixed Use

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.

Location

State FL

County Broward

Area 3050

Building

Sewer Public Sewer

Others

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