Hallandale Beach, FL 33009

Property

Ownership: For Sale
Type: Unknown
Lot Size: 1.1 Acres

Financials

Price:$12,500,000
Annual Taxes:$18,008
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Gridline Properties

124 136 South Federal Highway presents a premier corner development opportunity within the City of Hallandale Beach s Central RAC district.

Description

124–136 South Federal Highway presents a premier corner development opportunity within the City of Hallandale Beach’s Central RAC district. The ±48,368-square-foot site occupies a prominent position along US-1, oering exceptional frontage, and zoning capacity to accommodate a wide range of vertical development strategies. Zoned Central RAC, the property permits multifamily, condominium, hotel, and mixed-use development with building heights of up to 20 stories. Base density allows approximately 70–90 units per acre, with the potential to increase to 120 units per acre through implementation of the Live Local Act. Beyond its standalone potential, the site presents a compelling assemblage opportunity, offering the ability to expand the footprint and further enhance scale within one of Hallandale Beach’s designated redevelopment districts. With limited remaining corner parcels along Federal Highway capable of supporting this level of vertical intensity, 124–136 South Federal Highway represents a rare opportunity to secure a strategically positioned development less than a mile away from Aventura.

Amenities

  • SewerNotAvailable

Long Island MLS

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.