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Susan Larkin

susan.larkin@engelvoelkers.com +1(781) 801-5885

$ 3,500,000

Est. payment -/mo

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Active

699 S Federal HWY Hollywood, FL 33020

0.58 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID A12018243

HOA Y/N No

Annual Tax Amount $15,297

Tax Year 2025

Lot Size 0.580 Acres

Acres 0.58

Property Sub-Type Hotel/Motel

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 3030

Zoning FH-2

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Available, Trash Collection, Water Available

Water Access Desc Public

Present Use Hotel/Motel,Multi-Family,Unimproved

Road Frontage Public Road

Building

Lot Description Central Business District, Corner Lot

Sewer Public Sewer

Water Public

Schools

Elementary Schools Hollywood Central

Middle Schools Olsen

High Schools South Broward

Others

Tax ID 514215021610

Acceptable Financing Assumable

Listing Terms Assumable

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12018243

Listed by Roberto U. Balcker Prime Den Real Estate Corporation

NEARBY SCHOOLS & PROPERTIES

Susan Larkin

Advisor | License ID: SL3570527

+1(781) 801-5885

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