Excellent development opportunity in an opportunity zone! Zoning: Flexible mixed-use zoning allows for hotel, commercial, and residential uses, with potential for up to 5 stories and 79,683 sq.ft. Growth Potential: Located among high-rise buildings and mixed

Hollywood

$30 USD
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AddressHollywood
Type of PropertyMixed Use
Type of BusinessCommercial / Residential Income
Price$30
Previous Price$206 (9 days ago)
Property StatusActive
MLS NumberA11890032
Property Size26596
Lot Size26596
Folio Number514222102090
Zoning InformationFH-2
Days on Market9

Detailed Description: Excellent development opportunity in an opportunity zone! Zoning: Flexible mixed-use zoning allows for hotel, commercial, and residential uses, with potential for up to 5 stories and 79,683 sq.ft. Growth Potential: Located among high-rise buildings and mixed-use projects. Development Opportunity: Ideal for developers to generate income from office or retail tenants during the planning and approval phase, with a pro forma 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 (vehicles per day), offering excellent exposure and signage opportunities.

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Address Information
StateFlorida
CityHollywood
CountyBroward County
Zip Code33020
Section22
Zip Code (4 Digits)6026
Financial Information
Price$30
Price per Foot$0
Previous Price$206
Folio Number514222102090
Tax Amount$38,334
Full Descriptions
Detailed DescriptionExcellent development opportunity in an opportunity zone! Zoning: Flexible mixed-use zoning allows for hotel, commercial, and residential uses, with potential for up to 5 stories and 79,683 sq.ft. Growth Potential: Located among high-rise buildings and mixed-use projects. Development Opportunity: Ideal for developers to generate income from office or retail tenants during the planning and approval phase, with a pro forma 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 (vehicles per day), offering excellent exposure and signage opportunities.
How to ReachGPS
Sewer DescriptionPublic Sanitation
Property parameters
Living Area26596
Lot Size26596
Total Acreage0.610
Zoning InformationFH-2
Maximum Leasable Size26596
Type of PropertyMixed Use
Type of BusinessCommercial / Residential Income
Listed withRise Realty