699 S FEDERAL HWY
Hollywood Lakes, Hollywood, Florida 33020
Hollywood Lakes, Hollywood, Florida 33020
$4,400,000
- Commercial / Office
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
PROPERTY DETAILS
- Exterior
- .58 Acres
- Property Type
- Commercial / Office
- MONTHLY REAL ESTATE TAX
- $2,374
- Year Built
- 1955
- MLS/Listing ID
- A11271956
NEARBY LISTINGS
1750 Jefferson St, 406
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2beds2baths
Listing Courtesy of Coldwell Banker Realty, Ricky Frantom - 941-250-5773
1811 Jefferson St, 310
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1720 Jefferson St, 501
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Listing Courtesy of Keller Williams Central, Sarah Acosta - 678-598-0743
1720 Jefferson St, 204
Hollywood Lakes, Hollywood, Florida 33020
$279,999
2beds2baths
Listing Courtesy of Reside Realty, LLC., Hector Clavijo - 786-395-8049