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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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124 S Federal Hwy , Hallandale Beach, FL 33009
$12,500,000
Est. Payment: $63,088.47/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

124–136 South Federal Highway presents a premier corner development opportunity within the City of Hallandale Beach’s Central RAC district. The ±48,368-square-foot site occupies a prominent position along US-1, oering exceptional frontage, and zoning capacity to accommodate a wide range of vertical development strategies. Zoned Central RAC, the property permits multifamily, condominium, hotel, and mixed-use development with building heights of up to 20 stories. Base density allows approximately 70–90 units per acre, with the potential to increase to 120 units per acre through implementation of the Live Local Act. Beyond its standalone potential, the site presents a compelling assemblage opportunity, offering the ability to expand the footprint and further enhance scale within one of Hallandale Beach’s designated redevelopment districts. With limited remaining corner parcels along Federal Highway capable of supporting this level of vertical intensity, 124–136 South Federal Highway represents a rare opportunity to secure a strategically positioned development less than a mile away from Aventura.

Highlights

Listed by Alfredo Riascos , 786-325-5647 Gridline Properties , 786-325-5647. REALTOR Association of Greater Miami and the Beach

Property Type

Vacant Land

Lot/Acreage
0.27

County

Broward

Area

3040

Neighborhood

Hollywood Entrada Amended

Listing ID

A11985756

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Other

Exterior Features

Lot Dimensions:215x245
Zoning:CENTRAL
Sewer:None
Principal Interest
$63,088
Taxes
$1,501

Home Price

$12,500,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$2,500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$63,088.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $63,088.47 $1,500.67 $0.00 $64,589.14
Yearly $757,061.66 $18,008.00 $0.00 $775,069.66
Total $22,711,849.82 $540,240.00 $0.00 $23,252,089.82

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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Market insight data is pulled from the same city as the listing being viewed (Hallandale Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T03:56:26.000Z

© 2026 REALTOR Association of Greater Miami and the Beach