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    701 Federal Hwy Hollywood, FL 33020

    Sponsored
    For Lease
    Contact for pricing

    Prime 30,000 sq ft industrial lot, flexible zoning.

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 30,000 square foot property, located at 701 N Federal Highway in Hollywood, Florida, presents a unique investment opportunity. Situated on a hard corner lot at the intersection of N. Federal Highway and Buchanan Street, this versatile site offers significant potential for a variety of commercial uses. The property is zoned to accommodate up to 110 units, making it ideal for multi-family development, office space, a hotel, restaurant, car wash, retail sales, commercial parking, or even a school. The property's industrial classification, combined with its flexible zoning, allows for a wide range of development possibilities. The single-tenant occupancy provides a clean slate for future development or immediate use. Located in Broward County, Florida, with a zip code of 33020, this property benefits from excellent visibility and accessibility due to its prime location on a major thoroughfare. The substantial size of the lot provides ample space for large-scale projects. This is a rare opportunity to acquire a significant piece of commercial real estate in a thriving South Florida location. The property's diverse zoning and strategic location make it an attractive investment for developers and businesses seeking a high-impact presence in a bustling area.

    Property Features for 701 Federal Hwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF

    Unit(s) available at that property

    Space
    Size
    30,000 SF

    HighLights

    • 30,000 SF / 0.69‑acre site at 701 N Federal Highway, Hollywood, FL 33020.
    • FH‑2 zoning allows for up to 110 units.
    • High visibility corner lot on N. Federal Highway and Buchanan Street, with 35,000 cars per day.
    • Rent upon request; immediate delivery.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.143157134045
    Latitude
    26.017040245468

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    FAQs

    What type of property is this?
    Restaurant - Prime 30,000 sq ft industrial lot, flexible zoning.
    Where is this restaurant located?
    The property is located at 701 Federal Hwy Hollywood, FL.
    What are key features of this property?
    This property features: 30,000 SF / 0.69-acre site at 701 N Federal Highway, Hollywood, FL 33020.; FH-2 zoning allows for up to 110 units.; High visibility corner lot on N. Federal Highway and Buchanan Street, with 35,000 cars per day.
    Request Owner's contact information
    701 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
    701 Federal Hwy Hollywood, FL 33020
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