Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Lot Size: | 1.1 Acres |
Financials
Price:$6,200,000
Annual Taxes:$21,992
Listing Courtesy of Fausto Commercial Realty Consultants Inc
This prime 170 unit development site on Federal Highway in Hollywood, FL, includes 720 N Federal Highway along with 1809, 1815, and 1819 Buchanan Street.
Description
This prime 170-unit development site on Federal Highway in Hollywood, FL, includes 720 N Federal Highway along with 1809, 1815, and 1819 Buchanan Street. Covering over 48,000 SF, the property offers excellent visibility and accessibility just off Young Circle. Zoned FH-2 with a 3.0 FAR, it allows for up to 14 stories and 144,000 SF of residential space. The recommended unit mix includes 119 one-bedrooms, 32 studios, and 19 two-bedrooms. With strong market demand, a high-density zoning designation, and a prime location on US-1, this site is ideal for rental or condo development, offering a rare and lucrative investment opportunity in South Florida.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11764592
Amenities
- ElectricityAvailable
- Other
- PhoneAvailable
- SewerAvailable
- WaterAvailable
Neighborhood
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
