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$7,000,000
Est. payment /mo
18,996 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 18,996 sqft
Price per Sqft $368
MLS Listing ID A12019293
HOA Y/N No
Year Built 1958
Lot Size 0.986 Acres
Property Sub-Type Industrial
Property Description
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: 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.
Location
State FL
County Broward
Area 3050
Interior
Flooring Concrete
Exterior
Private Pool Yes
Building
Story 2
Level or Stories Two
Others
Tax ID 514203100995
Security Features Fenced,Fire Sprinkler System
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12019293
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Listed by The Corcoran Group
Nearby Locations
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Milton Knight
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675