Basic Information
- MLS # A11734917
- Type Mixed Use
- Status Active
- Total Size 21,184 Sq.Ft / 0.49 Acre
- Date Listed 01/30/2025
- Days on Market 98
Prime development opportunity in an Opportunity Zone! Zoning: Flexible mixed-use zoning allows for hotels, commercial, and residential uses, with potential for up to 5 stories and 79,683 SF. Growth Potential: Located amidst high-rise buildings and mixed-use projects. Development Opportunity: Ideal for developers to generate income from office or retail tenants during planning and approval, with a proforma income of $230,000. Parking: 30 spaces with a ratio of 3 per 1,000 sq ft. Location: Prime frontage on US-1 with 44,000 VPD, offering excellent exposure and signage opportunities.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Mixed Use
Interior Features
- Adjusted Sqft 0.49 AcreSq.Ft
- Sqft 0.49 Acre Sq.Ft
Property Features
- Address 1040 S Federal Hwy
- Aprox. Lot Size 21,184
- City Hollywood
- County Broward
- Furnished Info no
- Occupant Type Call Agent
- Possession Close Of Escrow
- Postal City Hollywood
- Sewer Description Public Sewer
- Subdivision Complex
- Subdivision Info
- Tax Amount $38,334
- Tax Legal desc H O L L Y W O O D S O U T H S I D E A D D N O23-17 B L O T12 T O14,15 L E S S E7& L E S S P T I N C I N E X T A R E A F O R M E D B Y15 F T R A D A R C W H I C H I S T A N G T O S/ L L O T15
- Tax Year 0
- Type of Property Mixed Use
1040 S Federal Hwy
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Rise Realty. tel: 305-859-1606
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