300 Van Buren St Hollywood, FL 33019

Property Details for 300 Van Buren St

Property type

Commercial real estate

APN

514213012660

Description

This exceptional 10,448 square foot vacant land parcel presents a rare opportunity for development in the highly desirable Hollywood Beach area. Located at 300 Van Buren Street, Hollywood, FL 33019 (APN 514213012660), this property boasts a prime location within the Hollywood Blvd Corridor, offering direct access to the iconic 2.2-mile Hollywood Beach Broadwalk. The site is just one block north of the Historic Hollywood Beach Resort, currently undergoing redevelopment by the Chetrit Group, a project expected to significantly boost the local economy. The property's BRT-25-R zoning allows for 25 units per acre for residential and 50 units per acre for hospitality uses. Site plans, designed by renowned architect Kobi Karp, envision a luxury condominium development. An adjacent 37-unit condominium project showcases a non-conforming density of approximately 100 units per acre, suggesting potential for increased density through city planning applications. This location offers ocean views and is a short walk to the beach, making it ideal for luxury condominiums or short-term rentals. The area exhibits strong demographics, with a median household income of $90,748 in the 33019 zip code, significantly higher than Broward County and Hollywood averages. Hollywood's thriving tourism industry, fueled by its beautiful beaches and proximity to major attractions, contributes to a robust and growing economy. The city's developer-friendly environment and accessible planning department further enhance the appeal of this exceptional development opportunity. The asking price is $3,400,000. Seller financing options are available, with terms to be determined.