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701 N Federal Hwy - Development Site on Visible Corner 0.69 Acres of Commercial Land Offered at $4,500,000 in Hollywood, FL 33020
Investment Highlights
- ZONING: FH-2 (Federal Highway Medium- High Intensity Mixed-Use) within the Regional Activity Center supports vertical mixed-use
- FRONTAGRE: N Federal Hwy + Buchanan St (hard corner, two-street access)
- PROGRAM: Multifamily (per code, excluded only from ground floor on Federal Hwy), retail, restaurant, hotel, live-work, and office.
- LAND USE: Regional Activity Center (RAC)
- TRAFFIC: 35,000 VPD on N Federal Hwy
Executive Summary
Strategically positioned in a densely populated trade area with strong daytime and evening traffic counts, the property is surrounded by an established mix of national retailers, restaurants, and service businesses. Hollywood's continued growth and investment, combined with its proximity to Fort Lauderdale-Hollywood International Airport and major highway access, make this an ideal location for owner-users, investors, and developers alike.
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- Third Party Reports
Property Facts
1 Lot Available
Lot
| Price | $4,500,000 | Lot Size | 0.69 AC |
| Price Per AC | $6,534,002.22 |
| Price | $4,500,000 |
| Price Per AC | $6,534,002.22 |
| Lot Size | 0.69 AC |
An exceptional opportunity to acquire a prominent ±30,000 square foot corner property situated at the signalized intersection of N Federal Highway (US-1) and Buchanan Street in the heart of Hollywood, Florida.
Description
Hard corner with two points of access — residential and retail programs can be separated by frontage. FH-2 zoning within the Regional Activity Center supports vertical mixed-use with meaningful height and density. Federal Highway corridor is in active redevelopment — comparable towers under construction within a 10-minute drive. Strong demographics: $99K+ average household income within 5 miles and 331,635 population base. Walk-to-downtown Hollywood, 10 minutes to Hollywood Beach, and 15 minutes to FLL International Airport. ±30,000 SF corner site Prime N Federal Highway (US-1) frontage Signalized intersection with dual street access Dense infill location in Broward County Proximity to I-95 and US-1 interchange Strong surrounding demographics and household income
Property Taxes
| Parcel Number | 51-42-15-02-0310 | Improvements Assessment | $59,500 |
| Land Assessment | $2,456,640 | Total Assessment | $2,516,140 |
Property Taxes
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701 N Federal Hwy - Development Site on Visible Corner
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