699 S Federal Highway, Hollywood, FL 33020
- $3,500,000
- List Price
- $3,500,000
- Days on Market
- 63
- MLS#
- A12018243
- Lot Size
- 25,173
- Subtype
- Hotel/Motel
- County
- Broward
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.
Additional Information
- Restrict
- CityRestrictions
- Taxes
- $15,297
- Utilities
- Electricity Available, Sewer Available, Trash Collection, Water Available
- Acres
- 0.58
- Elementary School
- Hollywood Central
- Middle School
- Olsen
- High School
- South Broward
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Listing courtesy of Prime Den Real Estate Corporation. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Roberto U. Balcker | Email: roberto@primeden.com