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    315 62Nd Ave Hollywood, FL 33024

    For Sale
    Contact for pricing

    Prime Hollywood location, vacant land, huge potential.

    Property size:
    217,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5-acre property, located at 315 S 62nd Ave in Hollywood, Florida (33024), presents a unique investment opportunity. The expansive rectangular lot boasts a total square footage of 217,800 and is currently vacant, allowing for maximum flexibility in development. Zoned S-MU (Special Mixed Use), this versatile parcel permits a wide range of possibilities, including retail, mixed-use developments, residential construction (up to 50 units per acre or 100 units per acre for hotel use), and more. Its strategic location offers easy access to major South Florida roadways, placing it within a 15-minute radius of Aventura, Fort Lauderdale-Hollywood International Airport (FLL), and the Port of Miami. The property's significant size and flexible zoning make it an ideal canvas for a variety of ambitious projects, promising substantial returns for the discerning investor. Don't miss this chance to acquire a prime piece of land in a thriving South Florida market. Act quickly before prices rise further.

    Property Features for 315 62Nd Ave

    General Information

    Property type
    Specialty properties
    Square Feet
    217,800 SF
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre vacant lot in Hollywood, FL (33024) at 315 S 62nd Ave, totaling 217,800 square feet.
    • S‑MU zoning allows for retail, mixed‑use, residential (up to 50 units/acre, 100 units/acre for hotels), and other uses.
    • Prime location, within 15 minutes of Aventura, FLL Airport, and Port of Miami.
    • Exceptional investment opportunity with significant development potential in a thriving South Florida market.
    Property Profile Insight Report 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
    -80.211558819732
    Latitude
    26.007360560885

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    FAQs

    What type of property is this?
    Specialty property - Prime Hollywood location, vacant land, huge potential.
    Where is this specialty property located?
    The property is located at 315 62Nd Ave Hollywood, FL.
    What are key features of this property?
    This property features: 5-acre vacant lot in Hollywood, FL (33024) at 315 S 62nd Ave, totaling 217,800 square feet.; S-MU zoning allows for retail, mixed-use, residential (up to 50 units/acre, 100 units/acre for hotels), and other uses.; Prime location, within 15 minutes of Aventura, FLL Airport, and Port of Miami.
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    Hollywood, FL 33024
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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
    315 62Nd Ave Hollywood, FL 33024
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