720 N Federal Hwy

$6,200,000

720 N Federal Hwy, Hollywood, FL 33020

For Sale

Multifamily

Active

Last Updated: 03/17/2025

Offered by Realtor

Elior Levi

Fausto Commercial Realty Consultants Inc

#3574869

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Highlights:

Lot Features: City Location, 1-2.5 Acres
Documents Available: Aerial Photo

Description:

This prime 170-unit development site on Federal Highway in Hollywood, FL, includes 720 N Federal Highway along with 1809, 1815, and 1819 Buchanan Street. Covering over 48,000 SF, the property offers excellent visibility and accessibility just off Young Circle. Zoned FH-2 with a 3.0 FAR, it allows for up to 14 stories and 144,000 SF of residential space. The recommended unit mix includes 119 one-bedrooms, 32 studios, and 19 two-bedrooms. With strong market demand, a high-density zoning designation, and a prime location on US-1, this site is ideal for rental or condo development, offering a rare and lucrative investment opportunity in South Florida.