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1 Confidential
Hollywood, FL 33020
Downtown Hollywood Redevelopment Opportunity · Industrial Property For Sale

Property Facts

Property Type Industrial
Property Subtype
Manufacturing
  • FlexLight Distribution
Building Class C
Lot Size 1.51 AC
Rentable Building Area 11,283 SF
No. Stories 1
Year Built 1951
Parking Ratio 6/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 1
Zoning DH-2 - DIXIE HIGHWAY MEDIUM INTENSITY MULTI-FAMILY DISTRICT

Amenities

  • Bus Line
  • Fenced Lot

About 1 CONFIDENTIAL , HOLLYWOOD, FL 33020

This rare redevelopment opportunity to acquire two contiguous parcels totaling 3.08 developable acres, that includes 37,095 SF existing industrial flex-space consisting of 2 buildings located in a highly desired confidential location in East Hollywood, Florida. One parcel features 25,812 sf industrial flex-space warehouse on 68,272 sf (1.57 acres) of land. The additional parcel features 11,283 sf industrial flex-space warehouse on 65,805 sf (1.51 acres) of land. The site located in the Regional Activity Center (RAC) & Community Redevelopment Area (CRA). RACs are intended to encourage attractive and functional mixed living, working, shopping, education, and recreational activities, in areas of regional importance. The properties are zoned DH-2 & DH-3 which allows mixed-use, multifamily, retail, hotel and Industrial; as well as many other uses outlined in zoning code provided in due diligence vault. The subject property is currently being owner operated as a company headquarters and distribution facility that requires a short-term sale-leaseback on the entire property. This offers investors immediate cash-flow while obtaining required permits for future development. This site is located blocks from Historic Downtown Hollywood area with restaurant and shopping promenade, couple miles from the beach with easy access to I-95. The City of Hollywood is a beachfront community located in southeastern Broward County midway between Miami and Fort Lauderdale. Hollywood is Broward’s third-largest municipality and has steadily grown into a dynamic business hub with more than 10,000 companies in the City. This location provides easy access to Fort Lauderdale/Hollywood International Airport and Miami International Airport, a major gateway to Latin America.

Property Taxes

Property Taxes

Parcel Number
51-42-16-01-2370
Land Assessment
$927,350
Improvements Assessment
$383,450
Total Assessment
$1,371,510
  • Listing ID: 16132462

  • Date on Market: 5/22/2019

  • Last Updated:

  • Address: 1 Confidential, Hollywood, FL 33020

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