Mixed-Use Redevelopment
119 S 21st Avenue Hollywood, FL 33020
119 S 21st Avenue, Hollywood, FL, 33020
$2,300,000
For Sale
$2,300,000
Mixed-use development site with an existing month-to-month tenant and approved plans for retail and residential space.
Lot Size0.13 Acres
Days on Market19
Property Features for 119 S 21st Avenue
General Information
- Standard status
- Active
- Lot size
- 0.13 Acres
- Property subtype
- Land
Listing agency
RE/MAX 5 Star Realty
(954) 453-1000
Listed by
John DeMarco · License #A11768360
(954) 453-1000
Source
Laerrealty
Added: Jul 4 Updated: Jul 21 at 3:21AM Checked: Jul 21 at 3:21AM
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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
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
FAQs
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 Avenue 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
