Property 124 S Federal Hwy Hallandale Beach for sale with MLS# A11985756

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.

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124 S Federal Hwy, Hallandale Beach, FL 33009

Price
Price:
$12,500,000.00
Previous Asking Price:
$12,500.00
Original List Price:
$12,500.00
Business Info
Gross Scheduled Income:
0
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land
MLS Number:
A11985756
Description of Last Important Update:
Price Change
Last Major Update on:
March 19, 2026 11:01 am
Measures
Lot Area:
11,615 Sqft
Lot Size Dimensions and Info:
215x245
Lot Size Unit:
Square Feet
Lot Size Acres:
1.11
Number of Lots:
2
Property Features
Waterfront:
No
Current Use:
Other
Taxes and Expenses
Tax Annual Amount:
$18,008.00
Tax Year:
2025
Parking
Covered Spaces:
0
Utilities
Utilities Available:
None, Sewer Not Available
Water Source:
Other
Community
Subdivision Name:
HOLLYWOOD ENTRADA AMENDED
Senior Community:
No
Terms
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
HOLLYWOOD ENTRADA AMENDED PLAT 10-2 B LOT 28,29,30;LESS PT INC'D IN PARCEL 107 IN CA 88-14063 BLK 4
Real Estate Folio Number (Parcel Number):
514227240491
Zoning Description:
CENTRAL
Listing History
Originally published on:
March 19, 2026 10:33 am
Active on the market since:
March 19, 2026
Price change occurred on:
March 19, 2026 11:01 am
Listing Status Last Changed On:
March 19, 2026 10:33 am
Photos updated on:
March 19, 2026 2:55 pm
Last Modified:
March 24, 2026 12:53 pm
Additional Information
Flood Zone:
AE
Subdivision Number:
24
Courtesy of:
Gridline Properties
Attribution:
Not provided
Road Surface Type:
Other
Location
Street Name:
Federal Hwy
Street Number:
124
City:
Hallandale Beach
State:
Florida
Zip Code:
33009
County:
Broward
Latitude:
N25° 59' 45.1''
Longitude:
W81° 51' 26.2''
Street Direction Prefix:
S
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $48,196
Median Home Value $248,300
Median Rent $1,576/mo
Median Age 46
Population 44,021

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 50 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.