REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,999,900
Est. payment /mo
Active
Address not disclosed Hollywood, FL 33020
10,015 SqFt
UPDATED:
11/03/2024 01:00 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,015 sqft
Price per Sqft $599
MLS Listing ID A11627630
Style Detached
HOA Y/N No
Year Built 1936
Annual Tax Amount $38,334
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 157
Property Description
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.
Location
State FL
County Broward
Area 3050
Direction GPS
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Total Parking Spaces 35
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Detached
Level or Stories Two
Structure Type Block
Others
Tax ID 514222102090
Security Features Security System,Fenced,Security Lights
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Listed by Rise Realty