699 S FEDERAL HWY
Hollywood Lakes, Hollywood, FL 33020
Hollywood Lakes, Hollywood, FL 33020
$4,400,000
- Commercial
Property Description
Unique 25,173 Sq Ft corner property is divided into 3 folios with infinite redevelopment opportunities. Current: Commercial space on a NNN lease generating $84,000/year (lease ends in 18 months), 6 (1 -2 bedroom, 5-1 bedroom) Airbnb apartments generating over $100K net rental income, 14 parking spaces. Potential redevelopment: Zoning FH-2: Federal highway medium-high intensity mixed-use district development. FAR 3.0. Gross floor area building: 75,519 Sq Ft, maximum height 10 stories (140 feet). Allowing you to build a larger commercial space, residential apartment, hospitality use, and more. Disclaimer: The information contained within this remark is for reference ONLY, and is not to be used for legal purposes. Please contact the City of Hollywood Planning Department
PROPERTY DETAILS
- Exterior
- .58 Acres
- Property Type
- Commercial
- MONTHLY REAL ESTATE TAX
- $2,374
- Year Built
- 1955
- MLS/Listing ID
- A11271956
Florida
NEARBY LISTINGS
650 S Federal Hwy, 1
Parkside, Hollywood, FL 33020
$5,500
Listing Courtesy of The Keyes Company, David SanMartin - 954-549-0801
1735 Jefferson St
Hollywood Lakes, Hollywood, FL 33020
$700,000
5beds3baths
Listing Courtesy of A Caruana & Associates Real Es, Renee Lawrence - (954) 873-7363