Commercial Real Estate Property For Sale In Hollywood

Hollywood, FL 33020
 Directions

$5,999,900

  • 1936 Year Built
  • Jul 22, 2024 Listing Date

MLS #

:

A11627630

Price

:

$5,999,900

Status

:

Listing Date

:

Jul 22, 2024

Square Footage

:

Not Available

County

:

Broward County

Square Footage

:

Not Available

Year Built

:

1936

Taxes

:

$38,334 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

Seller Financing is Available for this 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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