ActiveMLS# 1159962303139 days on market
$3,500,000
699 S Federal Highway
Hollywood, FL, 33020
0Bedrooms
0Bathrooms
—Sq Ft
1954Year Built
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About This Property

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.

Key Features

  • 25,173 sq ft Lot
  • Built in 1954

Property Details

  • Type: Single Family Home
  • Year Built: 1954
  • Lot Size: 25,173 sq ft
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: 25,173 sq ft Lot
  • Feature: Built in 1954
  • Status: Active
  • MLS Number: 1159962303
  • Days on Market: 139
  • Listed By: Prime Den Real Estate Corporation · Roberto U. Balcker
  • Zip Code: 33020
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$3,500,000699 S Federal Highway, Hollywood, FL
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