699 S Federal Hwy, Hollywood, FL 33020
699 S Federal Hwy, Hollywood, FL 33020
699 S Federal Hwy, Hollywood, FL 33020
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$3,500,000
Est. payment /mo
5,688 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,688 sqft

Price per Sqft $615

MLS Listing ID A12018285

HOA Y/N No

Year Built 1954

Annual Tax Amount $15,297

Lot Size 0.578 Acres

Property Sub-Type Mixed Use

Property Description

Rare assembled corner site — 25,173 SF across 3 folios at the intersection of US-1 and Jefferson Street in Downtown Hollywood's Regional Activity Center. Zoned FH-2 mixed-use: build up to 18 stories / 190 ft with FAR 4.75, allowing up to 119,572 SF of residential, hotel, retail, office, or mixed-use development. Land prices at approximately $29/buildable SF at maximum density — among the most compelling bases in Broward County today. Two-parcel configuration: front parcel on Federal Highway is completely vacant and development-ready. Rear parcel at 1745 Jefferson generates $100K+ net annually from 6 fully furnished Airbnb units (5×1BR, 1×2BR) at 90% occupancy — income in place while you permit. 14 assigned parking spaces, 7 individual utility meters, no flood zone designation, effectively debt-free. The most difficult entitlement hurdle has already been cleared for a 5-story, 51-unit residential concept — buyer benefits from advanced approvals. Previously listed by Douglas Elliman at $4,990,000. Now offered at $3,500,000. Seller financing may be available for qualified buyers. Surrounded by $1B+ in active development: 1818 Park ($190M, Aug 2025), 21 Hollywood (under construction), Gaia Residences ($850–$1,069/SF pre-sales). Downtown Hollywood Opportunity Zone. All information for reference only — verify all zoning, FAR, height, and entitlement details with City of Hollywood Planning Department.

Location

State FL

County Broward

Area 3010

Exterior

Private Pool Yes

Others

Tax ID 514215021610

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12018285


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Prime Den Real Estate Corporation

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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699 S Federal Hwy