Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 21,184 sqft
Price per Sqft $283
MLS Listing ID A11734917
HOA Y/N No
Annual Tax Amount $38,334
Contingent Backup Contract/Call LA
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 121
Property Sub-Type Mixed Use
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
Area 3050
Direction GPS
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Others
Tax ID 514222102090
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11734917