This development site is located at the very entrance of Downtown Hollywood and spans from Hollywood blvd to Harrison street. The entire block is assembled, unencumbered, and ready for site plan approval. The property might be rezoned for 15-20 stories and sellers will give the developer the necessary time to complete this process with the City of Hollywood. The proposed project would be 250-300 units with a ground floor public parking garage and retail.
The current property consists of 4 mixed-use buildings and is 95% occupied. All tenants have a development clause in the leases and can vacate with a property notice. Great source of revenue for a developer while working on approvals.
Courtesy of: RE/MAX 5 Star Realty 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: 7th December, 2021 7:10 PM
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