1040 S Federal Hwy, Hollywood FL 33020

$5 999 900

CONTACT AN AGENT
345 of 345 FOR SALE
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    Legal Description:

    Hollywood, FL, Broward County, 33020

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    Listed on:

    Feb 22, 2023

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    Occupancy:

    n/a

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    Taxes:

    $12,692 per year

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    Floor Description:

    ---

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    Year Built:

    1936

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    Zoning:

    ---

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    Days on Market:

    92

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    Parking:

    Yes

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    Tax Year:

    2022

Hollywood, FL, Broward County, 33020

1040 S Federal Hwy, Hollywood FL 33020

Prime development opportunity in an Opportunity Zone! **Zoning:** Flexible mixed-use zoning allows for various uses, including hotels, commercial, and residential, with potential for up to 5 stories and 79,683 SF. **Growth Potential:** Surrounded by high-rise buildings and mixed-use projects. **Development Opportunity:** Ideal for developers to generate income from office or retail tenants during planning and approval. Proforma income of $230,000 with a total built area of 10,115 sq ft. **Parking:** 30 spaces with a ratio of 3 per 1,000 sq ft. **Location:** Prime frontage on US-1 with 44,000 VPD, providing excellent exposure and signage opportunities.

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FOR SALE DETAILS

  • Photo Count
    1
  • Property Type
    Central Building A/C
  • SqFt Total
    10015
  • Terms Considered
    All Cash

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