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1905 - 1909 Harrison St, Hollywood, FL 33020

$5,000,000 Beds Baths

Hollywood, FL 33020

Status
Active
Type
Office
Year Built
1959
Days on Market
21
Lot Size
9,075 sqft
MLS #
A12070914

About This Home

Rare investment and redevelopment opportunity in the heart of Downtown Hollywood. This mixed-use commercial property offers investors and developers multiple potential strategies in one of South Florida's rapidly evolving urban districts. The existing property provides an attractive value-add opportunity with the potential to increase occupancy, lease available space, enhance rental income and improve overall NOI through active management and repositioning. For developers, the property's RC-2 (Historic Retail Core) zoning provides an opportunity to evaluate future redevelopment and mixed-use potential. RC-2 permits a variety of commercial uses and multifamily residential above the ground floor, subject to applicable City requirements and approvals. Ideally positioned near Young Circle and surrounded by the continued redevelopment of Downtown Hollywood, the property offers an opportunity to acquire an existing income-producing commercial asset with potential long-term redevelopment upside. Property is being offered As-Is. Buyers and their representatives are responsible for independently verifying zoning, permitted uses, development rights, density, FAR, height, parking requirements and all other information with the City of Hollywood and applicable governmental authorities.

Property Details

Parking Features
Garage

Building & Association

Association
No

Lot & Construction

Lot Size Square Feet
9,075
Waterfront
No
View
No
New Construction
No

Public Records

Parcel Number
514215014680
Tax Annual Amount
$47,974
Zoning
RC-2
County Or Parish
Broward County

Location

Courtesy of Home-C International Realty LLC