$7,900,000
Hollywood, FL 33020
MLS# FX-10318973
Status: Closed
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Property Description
Great New Development Opportunity. 1 total BLK, 1.47 acres. Long term Land Lease at $9 a sq ft. Owner will demolish present structure. Present structure rented at $9000 a month. Month to month leases. Site Plan for 200 rental units, retail, parking garage. High visibility, close to Sheridan, I-95, Port, Airport and West Lakes Commons.
Details
Contract Information
Listing Date: 2022-02-18
Status: Closed
Original List Price: 7900000
Sold Price: $6,500,000
Current Price: $6,500,000
List Price/Acre: 5374149.66
General Property Description
Type: Commercial Land
Lot Dimensions: 64312
Lot SqFt: 64312
Lot Frontage: 400
Lot Depth: 150
Acres: 1.47
Waterfront: No
Subdivision: Monterey Park 2-46 B
Homeowners Assoc: None
Directions: N Federal Highway Between Sheridan and Taft Street.
Location Tax Legal
Area: 3050
County: Broward
Parcel ID: 514210130010
Street #: 2100
Street Dir: N
Street Name: Federal Highway
Zip Code: 33020
Legal Desc: MONTEREY PARK 2-46 B LOT 1 LESS E 7 & LESS 15 RAD ARC TAN TO S & E LINE OF LOT 1,LOTS 2,3,4,5,ALL LESS E 7 FOR R/W, LOT
Geo Lat: 26.030377
Geo Lon: -80.143751
Status Change Info
Under Contract Date: 2022-11-23
Sold Date: 2023-02-22
Sold Price: $6,500,000
Terms of Sale: Cash
Sold Price/Acre: 4421768.71
Property Features
Comp Plan Use: Central Urban
Utilities Avail: Electric; Phone Line; Public Water; Septic Sewer; Trash Removal
Utilities On Site: Electric Service Available; Phone Line; Public Water; Sewer
Roads: City/County Maint.
Usage: Unimprovd Bus/ Com; Unimproved Multi-Fam
Listing Office: Asseff Realty LLC
Last Updated: February - 28 - 2023
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