720 N Federal Hwy
Hollywood, FL 33020
$6,200,000
- Land development
- 1.10 acre lot
Highlights
- 47,916 SF (1.10 acres) lot
Property facts
- Price
- $6,200,000
- Property type
- Land development
- Lot size
- 47,916 SF (1.10 acres)
About this property
720 N Federal Highway, along with 1809, 1815, and 1819 Buchanan St , comprises a rare high-density development site in the heart of Hollywood, Florida . Spanning just over 48,000 SF of land , this property sits right on Federal Hwy (US-1), just off Young Circle , offering excellent visibility, accessibility, and proximity to key infrastructure—making it an ideal opportunity for developers and investors. Key Development Highlights: Zoning: FH-2 , allowing for up to 14 stories Floor Area Ratio (FAR): 3.0 , maximizing development potential Total Buildable Area: 144,000 SF designated for residential units Proposed Unit Mix: 170 units 119 One-Bedroom Units (700 SF each) 32 Studio Units (500 SF each) 19 Two-Bedroom Units (900 SF each) Prime Location: Frontage on Federal Hwy (US-1), just off Young Circle , offering unmatched exposure and walkability Strong Market Demand: Ideal for rental or condo development, capitalizing on Hollywood’s rapid growth and transformation With favorable FH-2 zoning, a 3.0 FAR, and vertical development potential up to 14 stories , this site presents a top-tier investment opportunity in one of South Florida’s most sought-after markets.
From the listing broker.
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