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
Courtesy of: Douglas Elliman MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 29th January, 2023 1:44 AM (UTC)