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 Features For MLS #A11271956
Listing Details
New Construction
Architecture
None
Utilies
None
Property
Commercial Sale
Security
Security Fence
Interior Features
Applicances
None
Interior
None
Heating & Cooling
None
Flooring
Ceramic Floor
Tile
Fireplace
None
Exterior Features
Outdoor
None
Roofing
None
Lot
Central Business District
City Location
Corner Lot
Near Airport
Construction
Concrete Block Construction
Parking
Assigned
Free Parking
Community Aspects
County
None
Association fee
None
Community
None
Finance & Tax Information For 699 S FEDERAL HWY, Hollywood FL 33020