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    720 N Federal Hwy Hollywood, FL 33020

    For Sale
    $6,200,000

    Development site in Hollywood, FL, ideal for residential development.

    Lot size:
    1.11 Acres

    Property Features for 720 N Federal Hwy

    General Information

    Lot size
    1.11 Acres

    Source: Fausto Commercial Realty Consultants Inc Agent Elior Levi

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

    Overview

    Prime Development Site on Federal Highway

    This prime development site is located on Federal Highway in Hollywood, Florida, and includes the address 720 N Federal Highway along with 1809, 1815, and 1819 Buchanan Street. The property covers over 48,000 square feet and offers visibility and accessibility near Young Circle. Zoned FH-2 with a 3.0 FAR, the site allows for up to 14 stories and 144,000 square feet of residential space. The recommended unit mix includes 119 one-bedroom units, 32 studios, and 19 two-bedroom units. This high-density zoning designation and location on US-1 make the site suitable for rental or condo development.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1433486
    Latitude
    26.0179461

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    FAQs

    What type of property is this?
    Commercial land - Development site in Hollywood, FL, ideal for residential development.
    Where is this commercial land located?
    The property is located at 720 N Federal Hwy Hollywood, FL.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: - Prime development site with high-density zoning (FH-2, 3.0 FAR) allowing for **up to 14 stories and 144,000 SF of residential space.**; - Excellent location on Federal Highway (US-1) in Hollywood, FL, offering high visibility and accessibility near Young Circle.; - Large site encompassing over 48,000 SF, providing ample space for a substantial 170-unit development.
    (954) 743-7594
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    720 N 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
    720 N Federal Hwy Hollywood, FL 33020
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