Commercial Industrial – 2050 SOUTH HOLLYWOOD BLVD, Hollywood -001-11-30T00:00:00-05:00
This development site is located at the very entrance of Downtown Hollywood and spans from Hollywood blvd to Harrison street. ? The entire block is assembled, unencumbered, and ready for site plan approval. ? The property might be rezoned for 15-­20 stories

2050 SOUTH HOLLYWOOD BLVD, Hollywood

$16,950,000 USD
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Address2050 SOUTH HOLLYWOOD BLVD, Hollywood
Type of BusinessCondominium, Office Space
Price$16,950,000
Property StatusActive
MLS NumberA11088918
Property Size34427
Lot Size34427
Year Built1948
Folio Number514215011320
Days on Market58

Detailed Description: This development site is located at the very entrance of Downtown Hollywood and spans from Hollywood blvd to Harrison street. ? The entire block is assembled, unencumbered, and ready for site plan approval. ? The property might be rezoned for 15-­20 stories and sellers will give the developer the necessary time to complete this process with the City of Hollywood. ? The proposed project would be 250-­300 units with a ground floor public parking garage and retail. ? The current property consists of 4 mixed­-use buildings and is 95% occupied. ? All tenants have a development clause in the leases and can vacate with a property notice. ? Great source of revenue for a developer while working on approvals. ?

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Address Information
StateFlorida
CityHollywood
CountyBroward County
Zip Code33020
Address2050 SOUTH HOLLYWOOD BLVD
Section15
Financial Information
Price$16,950,000
Price per Foot$0
Folio Number514215011320
Tax Amount$19,861
Full Descriptions
Detailed DescriptionThis development site is located at the very entrance of Downtown Hollywood and spans from Hollywood blvd to Harrison street. ? The entire block is assembled, unencumbered, and ready for site plan approval. ? The property might be rezoned for 15-­20 stories and sellers will give the developer the necessary time to complete this process with the City of Hollywood. ? The proposed project would be 250-­300 units with a ground floor public parking garage and retail. ? The current property consists of 4 mixed­-use buildings and is 95% occupied. ? All tenants have a development clause in the leases and can vacate with a property notice. ? Great source of revenue for a developer while working on approvals. ?
Property parameters
Living Area34427
Lot Size34427
Total Acreage0.000
Maximum Leasable Size34427
Year Built1948
Type of BusinessCondominium, Office Space
Street DirectionSouth
Listed withRE/MAX 5 Star Realty