Hollywood, FL 33020,Address not disclosed
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$ 5,999,900
Est. payment | /mo

0.61 Acres Lot


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$ 5,999,900
Est. payment | /mo
Save

0.61 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Hollywood South Side Add

MLS Listing ID A11628201

HOA Y/N No

Annual Tax Amount $38,334

Tax Year 2023

Lot Size 0.610 Acres

Acres 0.61

Lot Dimensions 121x183

Property Description

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

Location

State FL

County Broward

Community Hollywood South Side Add

Area 3050

Direction GPS

Exterior

Utilities Available Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available

Waterfront No

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Tax ID 514222102090

Listed by Rise Realty

GET MORE INFORMATION

Andrea Smith

Broker | License ID: 383400

+1(404) 447-1935

5555 Glenridge Conn Ste. 200, Atlanta, Georgia, 30342, United States

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