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    418 S Federal Hwy Hollywood, FL 33020

    For Sale
    $7,500,000

    Prime .62-acre redevelopment site with income-producing motel near Young Circle.

    Property size:
    8,666 SF

    Property Features for 418 S Federal Hwy

    General Information

    Size
    8,666 SF

    Building Details

    Year built
    1965

    Source: Natvar Nana Agent Natvar Nana

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hollywood Redevelopment Opportunity Near Young Circle

    Located in Hollywood, Florida, this property offers a redevelopment opportunity on two parcels totaling .62 acres. The site is approximately 700 feet from Young Circle in Downtown Hollywood, providing access to the ArtsPark Amphitheater. The property currently features a boutique motel with 26 short-term rental rooms, 4 apartment units, and a storage unit, generating revenue while navigating the permitting process for redevelopment. The property is zoned FH-2, allowing for a maximum height of 18 stories or 190 feet, with a Single-Use FAR of 3.75 and a Mixed-Use FAR of 4.75. Situated within the Community Redevelopment Agency (CRA) District and an Opportunity Zone, the site benefits from increased density allowances and tax incentives. The surrounding area is undergoing revitalization, with over $1.5 billion in current and approved projects and $14 million earmarked by the CRA for streetscape improvements. The property is located on Federal Hwy, near Young Circle, which serves as a junction for multiple highways. Nearby developments include Nine Hollywood, 1818 Park, the Bread Building, B57 North and South, Hudson Circle, and Soleste Hollywood Village. Constructed in 1965, the property offers potential for both single-use and mixed-use configurations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hill Motel Motel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Blue Paw Pet Care, Apt, Curtis Inn, Richard's Hotel, Green Seas Motel

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1430787
    Latitude
    26.0079106

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    FAQs

    What type of property is this?
    Motel - Prime .62-acre redevelopment site with income-producing motel near Young Circle.
    Where is this motel located?
    The property is located at 418 S Federal Hwy Hollywood, FL.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity: .62 acres zoned FH-2 allowing for significant development potential up to 18 stories/190 ft with favorable FARs.; - Immediate revenue generation: Operating boutique motel with 26 short-term rental rooms, 4 apartment units, and a storage unit provides income during the permitting process.; - Strategic location: Situated ±700 ft from Young Circle in Downtown Hollywood, offering easy access to amenities and high traffic exposure.
    (407) 353-1800
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    418 S Federal Hwy Hollywood, FL 33020
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    Hollywood, FL 33020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    418 S Federal Hwy Hollywood, FL 33020
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