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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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699 S Federal Hwy , Hollywood, FL 33020
$3,500,000
Est. Payment: $17,664.77/mo
0 Bed
0 Bath
5688 Sqft
Status: active | Days on site: 76
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Rare assembled corner site — 25,173 SF across 3 folios at the intersection of US-1 and Jefferson Street in Downtown Hollywood's Regional Activity Center. Zoned FH-2 mixed-use: build up to 18 stories / 190 ft with FAR 4.75, allowing up to 119,572 SF of residential, hotel, retail, office, or mixed-use development. Land prices at approximately $29/buildable SF at maximum density — among the most compelling bases in Broward County today. Two-parcel configuration: front parcel on Federal Highway is completely vacant and development-ready. Rear parcel at 1745 Jefferson generates $100K+ net annually from 6 fully furnished Airbnb units (5×1BR, 1×2BR) at 90% occupancy — income in place while you permit. 14 assigned parking spaces, 7 individual utility meters, no flood zone designation, effectively debt-free. The most difficult entitlement hurdle has already been cleared for a 5-story, 51-unit residential concept — buyer benefits from advanced approvals. Previously listed by Douglas Elliman at $4,990,000. Now offered at $3,500,000. Seller financing may be available for qualified buyers. Surrounded by $1B+ in active development: 1818 Park ($190M, Aug 2025), 21 Hollywood (under construction), Gaia Residences ($850–$1,069/SF pre-sales). Downtown Hollywood Opportunity Zone. All information for reference only — verify all zoning, FAR, height, and entitlement details with City of Hollywood Planning Department.

Highlights

Listed by Roberto Balcker , 305-606-1193 Prime Den Real Estate Corporation , 305-606-1193. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.58

Year Built

1954

County

Broward

Area

3010

Listing ID

A12018285

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Interior Features

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

Exterior Features

Zoning:FH-2
Principal Interest
$17,665
Taxes
$1,275

Home Price

$3,500,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$700,000
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:
$17,664.77

Principal

Taxes

Principal Taxes HOA Total
Monthly $17,664.77 $1,274.75 $0.00 $18,939.52
Yearly $211,977.26 $15,297.00 $0.00 $227,274.26
Total $6,359,317.95 $458,910.00 $0.00 $6,818,227.95

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 (Hollywood, 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: 2026-08-02T05:56:59.000Z

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