Prime development opportunity! This 48,284 sq ft lot, encompassing three parcels on Buchanan Street, is being sold as a package deal for $6.7M, along with MLS numbers: A11630805, A11630333 and A11630790. All parcels are zoned FH-2, allowing for multi-family, commercial, and mixed-use projects. Located just 0.5 miles from vibrant Downtown Hollywood, this property offers endless possibilities for builders and developers. Enjoy the nearby Hollywood Beach Broadwalk, a 2.5-mile oceanfront promenade. Close to major highways, Fort Lauderdale airport, Gulfstream Casino, and much more. High-growth area with over $1.5 billion in development underway, 60+ parks, 7 golf courses, and a bustling downtown district. Perfect for developers! Don’t miss this rare opportunity on N. Federal Highway!
720 N Federal Hwy, Hollywood, FL, 33020
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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