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720 N Federal Hwy
Hollywood, FL 33020 Royal Poinciana

$6,200,000 USD

Land For Sale  •  1.1 AC

Property Details

  • Property Type Land
  • Lot Size 1.1 AC
  • Zoning FH-2
44 Transit Score
89 Walk Score

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

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $2,913,250 USD (2025)
Total Expenses: $2,021,750 USD

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 5 min - 2.1 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 7 min - 2.6 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 13 min - 7.2 mi
Miami International 42 min - 25.2 mi
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants