699 S Federal Hwy
699, Federal Hwy, Hollywood, FL, 33020Basics
- Category: CommercialSale
- Type: MixedUse
- Status: Active
- Bathrooms: 0
- Lot size: 25173, 25173 sq ft
- Year built: 1954
- County: Broward
- MLS ID: A12018285
Description
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Description:
HOLLYWOOD 1-21 B LOT 2,3 BLK 62 Rare assembled corner site — 25,173 SF across 3 folios at the intersection of US-1 and Jefferson Street in Downtown Hollywood's Regional Activity Center. Zoned FH-2 mixed-use: build up to 18 stories / 190 ft with FAR 4.75, allowing up to 119,572 SF of residential, hotel, retail, office, or mixed-use development. Land prices at approximately $29/buildable SF at maximum density — among the most compelling bases in Broward County today. Two-parcel configuration: front parcel on Federal Highway is completely vacant and development-ready. Rear parcel at 1745 Jefferson generates $100K+ net annually from 6 fully furnished Airbnb units (5×1BR, 1×2BR) at 90% occupancy — income in place while you permit. 14 assigned parking spaces, 7 individual utility meters, no flood zone designation, effectively debt-free. The most difficult entitlement hurdle has already been cleared for a 5-story, 51-unit residential concept — buyer benefits from advanced approvals. Previously listed by Douglas Elliman at $4,990,000. Now offered at $3,500,000. Seller financing may be available for qualified buyers. Surrounded by $1B+ in active development: 1818 Park ($190M, Aug 2025), 21 Hollywood (under construction), Gaia Residences ($850–$1,069/SF pre-sales). Downtown Hollywood Opportunity Zone. All information for reference only — verify all zoning, FAR, height, and entitlement details with City of Hollywood Planning Department.
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Building Details
- Structure Type: Apartment
- Covered Spaces: 0
Expenses, Fees & Taxes
- Tax Annual Amount: $15,297
Miscellaneous
- List Office Name: Prime Den Real Estate Corporation
- Listing Terms: Cash
- Attribution Contact: 305-606-1193
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This MixedUse-type commercial real estate is located in 699, Federal Hwy, Hollywood, FL, 33020 was built in 1954, and is listed at $3,500,000.