Prime development opportunity in a highly versatile DH 2 and DH 3 zoning district, offering exceptional potential for investors, developers, and owner users.


Property

Website:https://www.nestseekers.com/5700972
Address:
Hollywood, FL 33020
Ownership: For Sale
Type: mixed-use
Lot Size: 1.5 Acres

Financials

Price:$6,499,000
Annual Taxes:$68,854

Description

Prime development opportunity in a highly versatile DH-2 and DH-3 zoning district, offering exceptional potential for investors, developers, and owner-users. This property presents an ideal opportunity for a variety of uses, including medical offices, educational facilities, professional offices, and residential development.With its DH-2 zoning and strong redevelopment potential, the site may be well suited for a multifamily or condominium project, providing an exciting opportunity to maximize density and create substantial value. The property is particularly attractive in today’s market given Florida’s Live Local Act and its potential impact on qualifying residential developments.Whether you are looking to develop medical or professional space, an educational facility, or a residential project, this property offers flexibility and significant upside. A rare opportunity to acquire a property positioned for future development in a growing South Florida market.Buyer and buyer’s agent are responsible for independently verifying zoning, permitted uses, density, development standards, Live Local eligibility, and all other applicable regulations with the appropriate governmental authorities.

Amenities

  • Security Fence

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Realty Hub

Hollywood FL 33020 USA