Active Under Contract

699 S Federal Highway

Hollywood, FL 33020
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Acres0.58

Acre(Lot)

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 d ebt-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.

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Detail Ic Property Details

Property Type : Land

Price : $3,500,000

AD Id : 78461201

MLS Id : A12018243

Lot Size : 0.58 Acre(Lot)

County : Broward

Subdivision: Hollywood

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Feature Features

  • Lot Information

    Lot Dimensions: 25173 Lot Size Acres: 0.58 Lot Size Square Feet: 25,173 Lot Description: CentralBusinessDistrict,CornerLot

  • Listing Price Information

    Listing Price: $3500000
    Assumable

  • Tax Information

    Parcel Number: 514215021610 Tax Year: 2025 Annual Tax: $15297 Tax Legal Desc: HOLLYWOOD 1-21 B LOT 2,3 BLK 62

  • School Information

    Elementary School: Hollywood Central Junior High School: Olsen Senior High School: South Broward
  • Utility Information

    ElectricityAvailable, SewerAvailable, TrashCollection, WaterAvailable
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1409 Hollywood Blvd, Hollywood, FL, 33020 $780,000 -- -- -- 9,682 Sqft(Lot)
2229 Adams St, Hollywood, FL, 33020 $760,000 -- -- -- 10,247 Sqft(Lot)
1404 Jackson Street, Hollywood, FL, 33020 $890,000 -- -- -- Acres (Lot)--
1452 Jefferson Street, Hollywood, FL, 33020 $639,999 -- -- -- Acres (Lot)--
1601 N 16th Court, Hollywood, FL, 33020 $540,000 -- -- -- Acres (Lot)--
1231 N 16th Court, Hollywood, FL, 33020 $915,000 -- -- -- Acres (Lot)--
1741 Dewey Street, Hollywood, FL, 33020 $1,849,000 -- -- -- Acres (Lot)--
1100 N 17th Court, Hollywood, FL, 33020 $850,000 -- -- -- Acres (Lot)--
1858 Fletcher Street, Hollywood, FL, 33020 $1,100,000 -- -- -- Acres (Lot)--
1109 N Federal Highway, Hollywood, FL, 33020 $5,000,000 -- -- -- Acres (Lot)--

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ByOwner last updated this listing 07/23/2026 @ 06:04

MLS: A12018243 LISTED BY: Roberto Balcker, Prime Den Real Estate Corporation 305-606-1193 SOURCE: Beaches MLS

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