Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$7,000,000
Listing Courtesy of The Corcoran Group
Rare 0. 99 acre redevelopment opportunity in Hollywood's Regional Activity Center RAC along the Dixie Highway corridor.
Description
Rare ±0.99-acre redevelopment opportunity in Hollywood's Regional Activity Center (RAC) along the Dixie Highway corridor. The 42,943 SF site is improved with an 18,996 SF industrial building (built 1958, effective year 1961) currently owner-occupied for storage / e-commerce use, delivered free of leases at closing. Two clear paths to value: continue as an owner-user or income-producing industrial asset, or redevelop the site under the higher-density mixed-use entitlements available along the corridor — prior references indicate support for up to 14 stories / ±128,829 SF (buyer to verify with City of Hollywood). Active institutional capital deployment nearby, with recently approved mid-rise multifamily and mixed-use projects along the Dixie Highway and Federal Highway corridors. Minutes to I-95, US-1, Hollywood Beach, downtown Hollywood, and FLL airport. Equidistant between Miami and Fort Lauderdale. Parcel ID 514203100995.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12019293
Amenities
- Fenced
- FireSprinklerSystem
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.