1708 N Dixie Hwy Hollywood, FL 33020
For Sale
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This exceptional 1,176 square foot warehouse, located at 1708 N Dixie Hwy in Hollywood, Florida (zip code 33020), presents a unique investment opportunity. Situated on a prominent corner lot at the intersection of N. Dixie Highway and Taft Street, this property boasts approximately half an acre (21,261 square feet) of land, providing significant frontage on both streets—approximately 142 feet on N. Dixie Hwy and 150 feet on Taft Street. The property is zoned DH-3 and is suitable for various commercial and residential uses. The warehouse itself is a single-tenant building with one suite. Security features include an 8-foot high concrete wall along the north and west sides, with chain-link fencing and gates completing the perimeter. A separate enclosed back lot area provides additional security and separation from general parking. Recent renovations include impact windows and doors, an upgraded drainage system, and improved parking and paving. A long-term ground lease is available for this strategically located property. The APN is 514209050660.
(iii) DH-3 - Dixie Highway High Intensity Mixed-Use District Special Requirements. a. For lots which abut Dixie Highway and 21st Avenue, the tower orientation shall be towards Dixie Highway and 21st Avenue. b. Where possible, vehicular access shall be located along the east-west streets. c. Walk-up gardens shall be required for ground floor residential uses…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DH-3 · Hollywood, FL(iii) DH-3 - Dixie Highway High Intensity Mixed-Use District Special Requirements. a. For lots which abut Dixie Highway and 21st Avenue, the tower orientation shall be towards Dixie Highway and 21st Avenue. b. Where possible, vehicular access shall be located along the east-west streets. c. Walk-up gardens shall be required for ground floor residential uses and shall have a minimum depth of five (5) feet measured horizontally between the building facade and the public sidewalk. Entrance landings and stairs may encroach the garden space. Garden perimeter fences, walls or other similar structures shall not exceed four (4) feet in height. A minimum of 40 percent of the walk-up garden area shall be pervious. c. Federal Highway Districts. (1) Federal Highway District Purpose and Character. (a) Encourage higher intensity mixed-use buildings which accommodate a diverse mix of commercial uses, large format or destination retail, and neighborhood commercial to support the residential uses. (b) Orient the highest intensity and ground floor commercial uses towards Federal Highway to enhance the corridor, creating a more urban environment with buildings on the street edge, continuous sidewalks, and active uses which promote pedestrian activity. (c) Improve setback fronting the golf course with landscape and multi-purpose or pedestrian paths to enhance the edge condition and create the Hollywood Beach Golf Course Greenway. (d) Encourage the creation of strong urban residential neighborhoods, providing an array of housing types. (e) Provide adequate and compatible transitions to protect the scale of adjacent residential neighborhoods. (f) Encourage building frontages along 17th Avenue to reinforce the existing character. (2) Federal Highway Districts Use and Development Regulations: (a) FH-1 - Federal Highway Low-Medium Intensity Multi-Family District. (i) FH-1 - Federal Highway Low-Medium Intensity Multi-Family District Use Table.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.