USD 4,400,000
699 S FEDERAL HWY
Hollywood, Florida 33020
For Sale
Property Description
Unique 25,173 Sq Ft corner property is divided into 3 folios with infinite redevelopment opportunities.
Current: Commercial space on a NNN lease generating $84,000/year (lease ends in 18 months), 6 (1 -2 bedroom, 5-1 bedroom) Airbnb apartments generating over $100K net rental income, 14 parking spaces.
Potential redevelopment: Zoning FH-2: Federal highway medium-high intensity mixed-use district development.
FAR 3.0. Gross floor area building: 75,519 Sq Ft, maximum height 10 stories (140 feet). Allowing you to build a larger commercial space, residential apartment, hospitality use, and more.
Disclaimer: The information contained within this remark is for reference ONLY, and is not to be used for legal purposes. Please contact the City of Hollywood Planning Department
Listed by Douglas Elliman Real Estate
Virtual Tours
Property Details
- ID #
- A11271956
- Status
- Sale
- Type
- Commercial, Industrial, Mixed use
- Zip Code
- 33020
- Year Built
- 1955
- Parking Spaces
- 14
- Building Feature
- Air Conditioning
- Ground Feature
- Fenced
- Water Source
- City/mains water
- Septic
- City sewer
- Construction
- Concrete Block Construction
- Floor
- Ceramic Floor, Tile Floors
- Location
- Central Business District, City Location, Corner Lot
- Occupancy
- Call Listing Agent
- Parking
- Assigned Parking, Free Parking
- Road Frontage
- City Road
- Road Type
- Two Lane
- Type of Building
- Apartments, Commercial/Residential Income
- Utilities
- Internet
