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Gelfand Realty Miami Properties for Sale - Commercial for Sale

524 N STATE ROAD 7, HOLLYWOOD, FL 33021

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Commercial - GRACEWOOD PARK for Sale

524 N STATE ROAD 7, HOLLYWOOD, FL 33021

Asking Price$1,900,000 Change Price$200,000

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  • Days on market:

    24 day(s)
  • Original Price:

    $2,100,000
  • Tax Legal Description:

    GRACEWOOD PARK 25-21 B LOTS 6 AND 7 BLK 1
  • Tax Year:

    2023
  • Property Type:

    Commercial
  • Waterfrontage (sqft):

    175
  • Lot Features:

    Central Business District City Location Less Than 1 Acre

Description

$1,900,000

Compass commercial presents 23,698sf assemblage of prime vacant land providing 175-ft of direct frontage on 441 and zoned cm-u which permits most commercial uses. perfect for any business including retail w/ drive-thru, bar/restaurant, new auto sales, office, hotel, mixed-use and indoor storage/contractor shop. situated within the toc district which provides a density bonus, buyers can potentially develop a mixed-use development up to 50-units per acre with ground floor retail. prime location next door to dunkin doughnuts, minutes to the turnpike and the hard rock hotel & casino this presents an exceptional opportunity for development. the owner will consider leasing at $15,000/mo and with 50% down will provide seller-financing.

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