Unimproved Land in 699 S Federal Highway, Hollywood, FL 33020 for sale with MLS# A12018243
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.
699 S Federal Highway, Hollywood, FL 33020
- Price:
- $3,500,000.00
- Original List Price:
- $3,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $139.06
- List Price per Sq Ft (Calculated, Approx.):
- $139.04
- Gross Scheduled Income:
- 200000
- Listing Type:
- For Sale
- Status:
- Active
- Contingency:
- Active Under Contract
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- Back On Market
- Last Major Update on:
- July 28, 2026 9:54 pm
- Other Special Conditions:
- City Jurisdiction
- Lot Area:
- 25,173 Sqft
- Lot Size Dimensions and Info:
- 25173
- Additional Parcels
- Lot Size Acres:
- 0.5778
- Number of Lots:
- 3
- Waterfront:
- No
- Current Use:
- Unimproved, Multi-family, Hotel/motel
- Road Responsibility:
- Public Maintained Road
- Road Frontage Type:
- Public Road
- Possible Use:
- Commercial
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $15,297.00
- Tax Year:
- 2025
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Available, Sewer Available, Water Available, Trash Removal
- Water Source:
- Public
- Senior Community:
- No
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- HOLLYWOOD 1-21 B LOT 2,3 BLK 62
- Real Estate Folio Number (Parcel Number):
- 514215021610
- Zoning:
- FH-2
- Elementary School:
- Quiet Waters
- High School:
- South Broward
- Middle Or Junior School:
- Olsen
- Active on the market since:
- July 28, 2026
- Listing Agreement executed on:
- May 13, 2026
- Purchase Contract Date:
- July 14, 2026
- Listing Status Last Changed On:
- July 28, 2026 9:54 pm
- Photos updated on:
- July 28, 2026 8:56 pm
- Last Modified:
- July 28, 2026 8:56 pm
- Courtesy of:
- Prime Den Real Estate Corporation
- Attribution:
- Not provided
- Street Name:
- Federal
- Street Number:
- 699
- City:
- Hollywood
- State:
- Florida
- Zip Code:
- 33020
- County:
- Broward
- Latitude:
- N26° 0' 22.4''
- Longitude:
- W81° 51' 26.7''
- Street Suffix:
- Highway
- Street Direction Prefix:
- S

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