Property Description

Exceptional shovel-ready development opportunity on Federal Highway. The property includes a fully approved mixed-use project with all major governmental approvals in place, allowing a buyer to move directly into construction. Approved plans include a 10-story building with 64 residential condominium units and 3 ground-floor retail spaces. Construction permits have been approved, permit fees have been paid, and the project is ready to break ground. A construction loan has already been approved by a bank, subject to the lender’s final closing requirements and underwriting conditions, providing a significant advantage by reducing financing time and development risk. Investors may acquire the entire project or purchase a 50% ownership interest, creating an excellent opportunity for developers, builders, institutional investors, or joint venture partners. The property’s location on Federal Highway offers outstanding visibility, strong traffic counts, easy access to major highways, shopping, restaurants, beaches, airports, and employment centers. This is a rare opportunity to acquire a fully entitled development with approvals already secured, saving years of planning, engineering, zoning, and permitting. All information, approved plans, surveys, engineering documents, and due diligence materials are available upon request. Buyer shall verify all information, approvals, financing terms, dimensions, and development requirements independently.

Features
Sewer
Address Map
State:
FL
County:
Broward
City:
Hollywood
Zipcode:
33020
Street:
1109 N Federal Hwy, Hollywood, Florida 33020
Longitude:
W81° 51' 24.7''
Latitude:
N26° 1' 16.9''
MLS Addon
Internet Address Display:
1
Internet Listing Display:
1
LotSize Dimensions:
150x130
Parcel Number:
514210050040
Subdivision Name:
ST JAMES PARK SOUTH ADD
Tax Annual Amount:
$28,746
Utilities

Land For Sale

1109 N Federal Hwy, Hollywood, Florida 33020, Hollywood, Florida 33020

19,566 Sqft
$5,000,000
MLS # #A12055680
Basic Details
Property Type :
Land
Listing Type :
For Sale
Price :
$5,000,000
Lot Area :
19,566 Sqft
MLS # :
A12055680
Agent info
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