Rare ±0.99-acre redevelopment opportunity in Hollywood's Regional Activity Center (RAC) along the Dixie Highway corridor. The 42,943 SF site is improved with an 18,996 SF industrial building (built 1958, effective year 1961) currently owner-occupied for storage / e-commerce use, delivered free of leases at closing. Two clear paths to value:… Read More continue as an owner-user or income-producing industrial asset, or redevelop the site under the higher-density mixed-use entitlements available along the corridor — prior references indicate support for up to 14 stories / ±128,829 SF (buyer to verify with City of Hollywood). Active institutional capital deployment nearby, with recently approved mid-rise multifamily and mixed-use projects along the Dixie Highway and Federal Highway corridors. Minutes to I-95, US-1, Hollywood Beach, downtown Hollywood, and FLL airport. Equidistant between Miami and Fort Lauderdale. Parcel ID 514203100995. Read Less
Courtesy of The Corcoran Group, Adam Jay Ziefer, 305-677-2036.
Listing Snapshot
Days Online
37
Last Updated
Property Type
Industrial
Square Ft.
18,996
Lot Size
0.99 Acres
Year Built
1958
MLS Number
A12019293
30 Days Snapshot Of 33020
$242k
+1%
(avg) sold price
3
-25%
homes sold
418
+186%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1958, Toal building area: 18996
Floors
"Concrete"
Lot
0.99 acres
Property
Zoning: DH-3
Security Features
"Fire Sprinkler System", "Security Fence"
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