2105 Federal HwyHollywood, FL 33020
- Land
- 6,171 SF
Property Details for 2105 Federal Hwy
- Year built
- 1955
- Lot size
- 0.62 AC
- Property size (Sq ft)
- 6,171 SF
- Zone code
- FH-2
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 51-42-10-21-0360
- APU
- 514210210360
Description
This exceptional 26,875 sq ft vacant commercial lot presents a remarkable development opportunity. Located on Federal Highway in Hollywood, Florida (33020), this corner lot boasts approximately 115 feet of frontage, offering unparalleled visibility and accessibility. The property is zoned FH-2, allowing for the construction of a building up to 10 stories high (verification needed from the City of Hollywood). Its strategic location between Johnson and Sheridan Streets provides convenient access to major transportation arteries, placing it within minutes of Fort Lauderdale Airport and Port Everglades. This prime location is ideal for a mixed-use development, encompassing office, retail, or a combination thereof. The asking price for this exceptional property is $3,200,000. The potential for significant return on investment is undeniable, making this a truly unique opportunity for discerning investors seeking a high-impact development project in a thriving South Florida market. The property's size and zoning regulations offer considerable flexibility for a wide range of development concepts. Its proximity to key transportation hubs and established commercial areas further enhances its appeal and potential for long-term success.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,527,073
- Hospitality
- $2,314,786
- Educational
- $1,925,874
- Medical
- $1,992,108
- Retail
- $2,995,804
Location Insight
- City
- Hollywood
- County
- Broward
- State
- Florida
- Latitude
- 26.0307
- Longitude
- -80.1428
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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