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    1229 State Road 7 Hollywood, FL 33021

    For Sale
    $375,000

    Prime Commercial Corner Lot in Hollywood, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property, located at 1229 N State Road 7 Rd, Hollywood, FL 33021, presents a unique investment opportunity. The 0.26-acre lot boasts a prime location on State Road 7 (US 441 & Arthur St), offering unparalleled visibility and accessibility. Zoned C-MU (Central Mixed-Use), this land is ideal for a variety of commercial ventures, including retail, business, or other commercial spaces. Its strategic position near the Seminole Hard Rock Hotel & Casino ensures high traffic volume and excellent exposure. The property's corner lot configuration maximizes visibility and provides ample space for development. This is a rare opportunity to acquire a highly desirable commercial parcel in the heart of Hollywood, Florida. A neighboring lot of equal size is also available for purchase at the same asking price, presenting the potential for significant expansion or development synergy. The asking price for this exceptional property is $375,000.

    Property Features for 1229 State Road 7

    General Information

    Property type
    Specialty properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.2077409
    Latitude
    26.0211515

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    FAQs

    What type of property is this?
    Specialty property - Prime Commercial Corner Lot in Hollywood, FL
    Where is this specialty property located?
    The property is located at 1229 State Road 7 Hollywood, FL.
    What is the asking price?
    The asking price for this property is $375,000.
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    1229 State Road 7 Hollywood, FL 33021
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    Hollywood, FL 33021
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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
    1229 State Road 7 Hollywood, FL 33021
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