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
o 119 One-Bedroom Units (700 SF each)
o 32 Studio Units (500 SF each)
o 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.