$5,999,900
For Sale

Address Not Shown

Hollywood, FL 33020
Browse 11 photos
Type:Purchase
Zone:Commercial

Description

Prime development opportunity in an Opportunity Zone! Zoning: Flexible mixed-use zoning allows for hotels, commercial, and residential uses, with potential for up to 5 stories and 79,683 SF. Growth Potential: Located amidst high-rise buildings and mixed-use projects. Development Opportunity: Ideal for developers to generate income from office or retail tenants during planning and approval, with a proforma income of $230,000. Parking: 30 spaces with a ratio of 3 per 1,000 sq ft. Location: Prime frontage on US-1 with 44,000 VPD, offering excellent exposure and signage opportunities.

  • Property Details
      • Sewer InformationPublic Sanitation
      • CountyBroward County
      • MLS #A11734917
      • Property SubtypeMixed Use
      • MLS #A11734917
      • Property TypePurchase
      • Cost5999900
      • Acres0.61

Location

William Barnes | BrokerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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