699 S Federal Hwy,Hollywood, FL 33020
Hollywood, FL 33020
Description
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.
Details
| MLS # | A12018285 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 108 |
| Listing Provided By | Prime Den Real Estate Corporation | Roberto Balcker |
Features
| SQ Feet | 5,688 |
|---|---|
| Units | 7 |
| Zoning | FH-2 |
| Acreage | 25173.00 |
Taxes
| Tax Annual Amount | 15297 |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3010 |
| Listing VS Median (in 33020) | |
Price: $3,500,000 low | high Med: $10,495 sqft: 5,688 low | high Med: 2,255 $ / sqft: $615 low | high Med: $5 On site: 108 low | high Med: 94 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3010 |
| Listing VS Median (in 33020) | |
Price: $3,500,000 low | high Med: $10,495 sqft: 5,688 low | high Med: 2,255 $ / sqft: $615 low | high Med: $5 On site: 108 low | high Med: 94 | |
