524-610 State Road 7Hollywood, FL 33021

Property Details for 524-610 State Road 7

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 23,698 square foot commercial land assemblage in Hollywood, Florida, presents a remarkable development opportunity. Located at 524-610 N State Road 7 (SR 7), the property boasts 175 feet of direct frontage on SR 7 (441), ensuring high visibility and accessibility. Zoned CM-U, this parcel allows for a wide range of commercial uses, including retail with drive-thru capabilities, restaurants and bars, auto sales, office space, hotels, mixed-use developments, and indoor storage or contractor shops. Its strategic location within the Town Center Overlay (TOC) District offers a density bonus, potentially allowing for the development of up to 50 units per acre with ground floor retail, maximizing development potential. The property's prime location is further enhanced by its proximity to established businesses such as Dunkin' Donuts, and its convenient access to the Florida Turnpike and the Hard Rock Hotel & Casino. The asking price is $1,900,000. The seller is open to leasing the property at $15,000 per month and will consider seller financing with a 50% down payment. This presents an unparalleled chance to acquire a highly desirable commercial property in a thriving location.

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0148

Longitude

-80.2081

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