SELLER FINANICING Available! 600 Knights Rd presents a rare opportunity to acquire fee simple ownership of ±2 acres of C-4 commercial land in the heart of Hollywood, Florida—paired with a fully approved site plan for a 9-court Padel sports facility. This offering includes direct canal frontage with ocean access, making it a one-of-a-kind asset in the South Florida market.
The property has entitlements in place for a state-of-the-art Padel Club, including both indoor and outdoor courts. With the explosive growth of Padel in the U.S., this site is perfectly positioned for an investor or operator looking to capitalize on the trend.
Price reflects land + approved site plan only.
Buyers have the option to acquire not only the land and approved site plan, but also the fully packaged business opportunity—which includes the Padel Club concept, pro forma financials, and operational systems. This add-on can be delivered as a turnkey, fully built facility or left for the new owner to operate directly, maximizing returns. Delivery options include: land only for custom development; land plus business to launch the approved Padel Club; a turnkey model with operations in place; or an owner-operated approach offering higher profit potential.
Additionally, the land is zoned under the Live Local Act, allowing for future vertical development of 140+ residential units, creating an extraordinary long-term upside.
Key Highlights:
-Site Plan Approved – 9 Padel courts (indoor/outdoor) and 7,828 sqft clubhouse
-±2 Acres of Fee Simple Land – C-4 zoning with rare canal frontage
-Ocean Access – One of few commercial parcels with water access
-Turnkey Option Available – Business + operations can be delivered fully built and ready
-SBA 504 / 7(a) Financing Eligible – For qualified buyers
-Business Available Separately – Includes full operating package (optional add-on)
-Conservative Projected ROI ~33% with management fee
-Owner-Operator Friendly – Higher margin potential with self-management
-Future Development Potential – Up to 140+ residential units via Live Local Act
Investment Structure:
-Base Offering: Land + Approved Site Plan
-Optional Add-On: Fully packaged business opportunity (concept, ops, projections)
Delivery Options:
-Land Only – Develop your own concept
-Land + Business – Build and launch the approved Padel Club
-Turnkey – Delivered fully built and operational
-Owner-Operated – Operate the business directly for enhanced ROI
Financial Overview:
-Projected ROI: ~33% CAP rate (including operational income; conservative modeling)
-Owner-Operator Margins: Significantly higher
-SBA Financing: Available (504/7(a)) – guidance available on loan packaging
Location Advantages:
-Centrally located in Hollywood, FL with strong demographics
-Excellent visibility and accessibility
-Direct waterfront – ideal for recreational and long-term mixed-use projects
Contact:
Inquire today for full investment deck, business plan, pro forma, and site plan package.
Rare opportunity to acquire prime commercial land with a high-performing business plan and future residential development upside.
Maria Pena Cabezas
LoKation Real Estate
