Price Reduced ListingPrime development opportunity in a highly versatile DH-2 and DH-3 zoning district, offering exceptional potential for investors, developers, and owner-users. This property presents an ideal opportunity for a variety of uses, including medical offices, educational facilities, professional offices, and residential development.With its DH-2 zoning and strong redevelopment potential, the site may be well suited for a multifamily or condominium project, providing an exciting opportunity to maximize density and create substantial value. The property is particularly attractive in today's market given Florida's Live Local Act and its potential impact on qualifying residential developments.Whether you are looking to develop medical or professional space, an educational facility, or a residential project, this property offers flexibility and significant upside. A rare opportunity to acquire a property positioned for future development in a growing South Florida market.Buyer and buyer's agent are responsible for independently verifying zoning, permitted uses, density, development standards, Live Local eligibility, and all other applicable regulations with the appropriate governmental authorities.
| MLS # | A12074159 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 71 |
| Listing Provided By | Realty Hub | Rohith Reddy |
| SQ Feet | 15,611 |
|---|---|
| Building(s) | 5 |
| Zoning | DH-2 |
| Acreage | 1.49 |
| Lot Features | Central Business District, City Lot |
|---|
| Parking Features | Common |
|---|
| Tax Annual Amount | 68854 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Listing VS Median (in 33020) | |
Price: $5,999,999 low | high Med: $6,000 sqft: 15,611 low | high Med: 2,585 $ / sqft: $384 low | high Med: $2 On site: 71 low | high Med: 148 | |
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Listing VS Median (in 33020) | |
Price: $5,999,999 low | high Med: $6,000 sqft: 15,611 low | high Med: 2,585 $ / sqft: $384 low | high Med: $2 On site: 71 low | high Med: 148 | |