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192 Development Ave
Hollywood, FL 33020 Highland Garden

$14,950,000 USD

Land For Sale  •  1.49 AC

Property Details

  • Property Type Land
  • Lot Size 1.49 AC
  • Zoning FH-2
37 Transit Score
68 Walk Score

Description

This full pre-approved plan of a 11-story multifamily project is situated on an approximately 1.49-acre assemblage and features 192 planned residential units with a structured parking design and ground-floor retail component. The development includes a 6,568 square foot commercial space, residential lobby, multi-level parking structure, and an elevated amenity deck with pool, designed to support modern urban living. Qualified under the Live Local Act, the site allows for high-density residential development up to 140 feet. The property currently consists of existing improvements including an operating preschool, an assisted living facility, and a separate parking parcel, providing flexibility during the redevelopment process.

Highlights

Live Local Act Redevelopment Opportunity in Broward County!
1.49-Acre Three-Parcel Assemblage
Full Pre-Approved Plans for 192 Multifamily Units
11-Story Development (Up to 140’ Height)
6,568 SF Ground-Floor Retail Component

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 3 min 13 min 0.7 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 6 min - 2.1 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 11 min - 6.0 mi
Miami International 40 min - 24.0 mi
John DeMarco RE/MAX 5 Star Realty
John DeMarco RE/MAX 5 Star Realty