Mixed-Use Redevelopment
For Sale
$2,300,000
119 S 21st Ave, Hollywood, FL 33020
Mixed-use development site with an existing month-to-month tenant and approved plans for retail and residential space.
Property SizeContact for details
Lot Size0.13 Acres
Days on Market121
Property Features for 119 S 21st Ave
General Information
Standard status
Active
Lot size
0.13 Acres
Property subtype
COMMERCIAL
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,562
Building Details
Tenancy
Single
Listing Agency:
RE/MAX 5 Star Realty
Listed By:
John DeMarco · License #3134747
(954) 453-1000
Source:
Relinkre
Added: Jun 24
Changed: Oct 18
Last Checked: Oct 21 at 6:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 5 Star Realty
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Investment Insights
Based on property information with market context.
This mixed-use development site includes an existing month-to-month tenant currently paying rent, providing immediate income while plans are carried forward. The property is supported by approved renderings and development plans for a project featuring ground-floor retail space and a residential second floor.
The concept includes 2,562 SF of ground-floor retail intended for a restaurant/bar use with outdoor seating, along with 3,168 SF on the second level designed for two 3-bedroom, 2-bath apartments. The development is positioned for downtown walk-up activity, with the site described as being in the heart of Downtown Hollywood and close to dining, entertainment, shopping, and nightlife.
For buyers seeking an owner-user development path or a redevelopment investment with an income-bearing tenant in place, this site combines active income, approved planning, and a straightforward two-level mixed-use layout.
The concept includes 2,562 SF of ground-floor retail intended for a restaurant/bar use with outdoor seating, along with 3,168 SF on the second level designed for two 3-bedroom, 2-bath apartments. The development is positioned for downtown walk-up activity, with the site described as being in the heart of Downtown Hollywood and close to dining, entertainment, shopping, and nightlife.
For buyers seeking an owner-user development path or a redevelopment investment with an income-bearing tenant in place, this site combines active income, approved planning, and a straightforward two-level mixed-use layout.
Key Highlights
- Mixed‑use development site in Downtown Hollywood on 5,738 SF lot
- Existing month‑to‑month tenant paying $5,500 per month for immediate income
- Approved plans for 2,562 SF ground‑floor retail space for a modern restaurant/bar concept with outdoor seating
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,146
Businesses Nearby
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use development site with an existing month-to-month tenant and approved plans for retail and residential space.
Where is this mixed-use property located?
The property is located at 119 S 21st Ave Hollywood, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Mixed‑use development site in Downtown Hollywood on 5,738 SF lot; Existing month‑to‑month tenant paying $5,500 per month for immediate income; Approved plans for 2,562 SF ground‑floor retail space for a modern restaurant/bar concept with outdoor seating
