$5,999,900
Est. payment /mo
0.61 Acres Lot
Active
Address not disclosed Hollywood, FL 33020
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UPDATED:
09/30/2024 09:34 PM
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Hollywood South Side Add
MLS Listing ID A11628201
HOA Y/N No
Annual Tax Amount $38,334
Tax Year 2023
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 121x183
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
Community Hollywood South Side Add
Area 3050
Direction GPS
Exterior
Utilities Available Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 514222102090
Listed by Rise Realty
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