720 N Federal Hwy - Commercial LAND FOR SALE


Hollywood, FL 33020- Royal Poinciana48,282 SF
$6,200,000 USD
954-743-7594
720 N Federal Hwy, Hollywood, FL for Sale
$6,200,000 USD
Commercial LAND - FOR SALE
1/19
48,282 SF

720 N Federal Hwy
Hollywood, FL 33020
Royal Poinciana


HIGHLIGHTS

  • Prime Location – Situated in the heart of Hollywood just North of Young Circle, a rapidly growing city with strong demand for housing developments.
  • High-Density Potential – Build up to 144,000 SF with a 3.0 FAR, maximizing the site's value and future profitability.
  • Suitable for a 170-Unit Development – Featuring a modern unit mix of studios, 1-bedrooms, and 2-bedrooms, totaling approx 117,000 rentable SF.
  • Located near major infrastructure, transit routes, and booming economic growth, making it ideal for investors and developers
  • Attractive asking price of $36K Per Developable Unit
  • 48,000 Sqft of Land with most desirable FH-2 Zoning, Build up to 14 Stories High

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/ACRE

$5,593,406/AC

PRICE/SF

$128 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime 170-Unit Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

1.11 AC

LAND SF

48,284 SF

OFFSITE IMPROVEMENTS

-

ZONING

FH-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

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Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.