Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

Unique 25,173 Sq Ft corner property is divided into 3 folios with infinite redevelopment opportunities. rnrnCurrent: 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.rnrnPotential redevelopment: Zoning FH-2: Federal highway medium-high intensity mixed-use district development. rnFAR 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. rnrnDisclaimer: 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

Features
: Wall/window Unit(s)
: 14
: Tile, Ceramic Floor
: City Location, Central Business District, Corner Lot, Near Airport
: Assigned, Free Parking
: Security Fence
: Public Sanitation
Address Details
FL
Broward County
Hollywood
33020
699 S FEDERAL HWY
0
Other
34
: Building & Land, Equipment, Furniture/fixtures, Leases, Furniture
: All Cash, Conventional/refinance
: New Construction
: City Street
1
: Sale
1
: Commercial, Hotel/motel
$28,489
2021
: Public

Commercial Sale For Sale

699 S FEDERAL HWY, Hollywood, Florida 33020

25,173 Sqft
$4,990,000
Listing ID #A11271956
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11271956
Price : $4,990,000
Year Built : 1955
Lot Area : 25,173 Sqft
Building Area : 5,380 Sqft
Status : Active
Property SubType : Mixed Use
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