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Active Commercial Land
$2,300,000
119 S 21st Ave, Hollywood FL 33020, Hollywood, FL 33020
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
Year Built

About This Property

This premier mixed-use development site offers a rare opportunity in the heart of Downtown Hollywood. Situated on 5,738 SF, the property provides immediate income with a month-to-month tenant currently paying $5,500 per month, allowing an investor or owner-user to generate cash flow while planning future development.

The property includes approved renderings and plans for a dynamic mixed-use project featuring 2,562 SF of ground-floor retail space, ideal for a modern restaurant/bar concept with outdoor seating. The second floor is designed for 3,168 SF of residential space, with plans for two spacious 3-bedroom, 2-bath apartments, meeting the growing demand for stylish urban living in Downtown Hollywood.

With strong visibility, pedestrian traffic, and close proximity to dining, entertainment, shopping, and nightlife, this site is well-positioned for a vibrant redevelopment. Whether you are an experienced developer or an owner-user looking to bring a restaurant/bar vision to life, this property offers the perfect blend of income, approved plans, location, and long-term upside in one of South Florida’s most active downtown districts.

Property Details

Property Type Commercial Land
Days on Market 8 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Location

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Dayron Crespo
Broker Associate

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