720 N Federal Hwy Active

Hollywood,FL 33020

$ 6200000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID A11764592

HOA Y/N No

Annual Tax Amount $21,992

Tax Year 2024

Lot Size 1.110 Acres

Acres 1.11

Property 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.

Location

State FL

County Broward

Area 3050

Exterior

Utilities Available Electricity Available,Other,Phone Available,Sewer Available,Water Available

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Others

Tax ID 514215018760

Acceptable Financing Cash,Other

Listing Terms Cash,Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11764592

View More
Favorite Go Tour