This prime 170-unit development site on Federal Highway in Hollywood, FL, includes 720 N Federal Highway along with 1809, 1815, and 1819 Buchanan Street. Covering over 48,000 SF, the property offers excellent visibility and accessibility just off Young Circle. Zoned FH-2 with a 3.0 FAR, it allows for up to 14 stories and 144,000 SF of residential space. The recommended unit mix includes 119 one-bedrooms, 32 studios, and 19 two-bedrooms. With strong market demand, a high-density zoning designation, and a prime location on US-1, this site is ideal for rental or condo development, offering a rare and lucrative investment opportunity in South Florida.
Property Details
Price:
$6,200,000
MLS #:
A11764592
Status:
Active
Beds:
0
Baths:
0
Address:
720 N Federal Hwy
Type:
Single Family
City:
Hollywood
Listed Date:
Mar 16, 2025
State:
FL
ZIP:
33020
Lot Size:
20,991 sqft / 1.11 acres (approx)
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$21,992
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720 N Federal Hwy
Hollywood, FL
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