Hollywood Lakes, 699 S Federal Hwy

0.58
Acre
Status
Active
Size
0.58 Acres (2,339 m2)
Price
$6,034,483/Acre ($1,497/m2)
Type
Land
MLS Number
A12018243
On Site
86 Days
Updated
10 Days ago
Page Views
0
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 resident... Read more

Features

All features
  • Current Use: Commercial, HotelMotel, Unimproved
  • Property SqFt: 25173
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Days on Market: 76
  • Compass Point: S
  • Office Name: Prime Den Real Estate Corporation
  • Area: 25173
  • Taxes: 15297
  • Tax Year: 2025
  • Listing Date: 2026-05-13T10:22:25.000-00:00
  • Lot Size Square Feet: 25173

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Price History

Date
Event
Price
Change
Price Per
05/13/2026
Listed
$3.5M
 
$139 ft2
$1,497 m2
05/13/2026
$3.5M
Event
Listed
Price Per
$139 ft2
$1,497 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Roberto BalckerPrime Den Real Estate Corporation • Buyer Agency Compensation .

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Community Snapshot
2 to 7 BR
Bedrooms
$599K to $23M
Price Tier
672 - 12,845
SqFt Range
1957
Year Build
1
Total Floors

Hollywood
Mid-Tier
Mid-Tier Homes & Condos

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