4
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$2,300,000
Est. payment /mo
5,662 Sqft Lot
Active
119 S 21st Ave Hollywood, FL 33020
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID A12046954
HOA Y/N No
Annual Tax Amount $1,562
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 42x135
Property Description
This premier mixed-use development site offers a rare opportunity in the heart of Downtown Hollywood. Situated on 5,738 SF, the property provides immediate income with a month-to-month tenant currently paying $5,500 per month, allowing an investor or owner-user to generate cash flow while planning future development.
The property includes approved renderings and plans for a dynamic mixed-use project featuring 2,562 SF of ground-floor retail space, ideal for a modern restaurant/bar concept with outdoor seating. The second floor is designed for 3,168 SF of residential space, with plans for two spacious 3-bedroom, 2-bath apartments, meeting the growing demand for stylish urban living in Downtown Hollywood.
With strong visibility, pedestrian traffic, and close proximity to dining, entertainment, shopping, and nightlife, this site is well-positioned for a vibrant redevelopment. Whether you are an experienced developer or an owner-user looking to bring a restaurant/bar vision to life, this property offers the perfect blend of income, approved plans, location, and long-term upside in one of South Florida's most active downtown districts.
The property includes approved renderings and plans for a dynamic mixed-use project featuring 2,562 SF of ground-floor retail space, ideal for a modern restaurant/bar concept with outdoor seating. The second floor is designed for 3,168 SF of residential space, with plans for two spacious 3-bedroom, 2-bath apartments, meeting the growing demand for stylish urban living in Downtown Hollywood.
With strong visibility, pedestrian traffic, and close proximity to dining, entertainment, shopping, and nightlife, this site is well-positioned for a vibrant redevelopment. Whether you are an experienced developer or an owner-user looking to bring a restaurant/bar vision to life, this property offers the perfect blend of income, approved plans, location, and long-term upside in one of South Florida's most active downtown districts.
Location
State FL
County Broward
Area 3050
Exterior
Utilities Available None, Sewer Not Available
Present Use Commercial,Unimproved
Private Pool Yes
Building
Lot Description <1 Acre
Sewer None
Water Other
Others
Tax ID 514215011310
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12046954
Listed by RE/MAX 5 Star Realty
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