5048 S State Road 7, Hollywood FL 33314, Hollywood, FL, 33314

  • $1,950,000
5048 S State Road 7, Hollywood FL 33314
Commercial Land Active

5048 S State Road 7, Hollywood FL 33314, Hollywood, FL, 33314

5048 S State Road 7, Hollywood FL 33314
  • $1,950,000

Overview

Property ID: HZA11733669
  • Commercial
  • Property Type

Description

Compass Commercial presents a rare opportunity to acquire a 20,000 SF paved lot located across from the Hard Rock Hotel & Casino which attracts over 25-million visitors annually! Providing a high-visibility, high-traffic location ideal for a wide range of commercial uses. Conveniently situated with easy access to both I-95 and the Turnpike, ensuring strong accessibility and exposure to thousands of vehicles daily. Zoned N-MU, permitted uses include hotel, restaurants, bars, nightclubs, auto rentals, service stations, schools, and religious facilities. The site is currently leased on a month-to-month basis to a boat dealer and a billboard lease, offering immediate passive income while planning for future redevelopment. DO NOT disturb the current tenants. Showings are by appointment only.

  • Address State Road 7
  • City Hollywood
  • State/county Broward County
  • Zip/Postal Code 33314
  • Area BROWARD GARDENS

Details

Updated on February 20, 2025 at 6:56 pm
  • Property ID: HZA11733669
  • Price: $1,950,000
  • Land Area: 0.46 Square Feet
  • Property Type: Commercial
  • Property Status: Commercial Land

Additional details

  • Street Dir Prefix: S
  • Public Survey Range: 50
  • Showing Instructions: Call Listing Agent
  • Tax Legal Description: BROWARD GARDENS 21-48 B LOT 1,N 28 OF 2 BLK 1
  • On Market Date: 2025-01-28
  • Contract Status Change Date: 2025-01-28
  • Major Change Timestamp: 2025-01-28T23:10:34.867Z
  • Status Change Timestamp: 2025-01-28T23:10:34.867Z
  • Building Name: BROWARD GARDENS
  • Price Change Timestamp: 2025-01-28T18:43:22.370Z
  • Major Change Type: New
  • Listing Contract Date: 2025-01-28
  • Zoning: N-MU
  • List AOR: A-Miami Association of REALTORS
  • MLS Area Major: Broward Gardens
  • Tax Annual Amount: 13051
  • Current Use: Unimproved Business/Commercial,Unimproved Hotel/Motel
  • Originating System Key: miamire
  • Photos Change Timestamp: 2025-02-20T16:32:26.273Z
  • Road Frontage Type: Interstate,State Road
  • Originating System Name: Miami Association of REALTORS®
  • Mls Status: Active
  • Street Number: 5048
  • Gross Scheduled Income: 0
  • State Or Province: FL
  • Showing Contact Type: Agent
  • Frontage Length: 100
  • Bridge Modification Timestamp: 2025-02-20T16:32:26.300Z
  • Parcel Number: 504136020020
  • Other Expense: 0
  • Possession: Funding
  • IDX Participation: 1
  • Water Source: Other
  • Lot Size Dimensions: 100x200
  • Modification Timestamp: 2025-02-20T16:17:57.073Z
  • Originating System ID: miamire
  • Days On Market: 23
  • Street Number Numeric: 5048
  • Postal Code +4: 5742
  • Sewer: None
  • Syndication Remarks: Compass Commercial presents a rare opportunity to acquire a 20,000 SF paved lot located across from the Hard Rock Hotel & Casino which attracts over 25-million visitors annually! Providing a high-visibility, high-traffic location ideal for a wide range of commercial uses. Conveniently situated with easy access to both I-95 and the Turnpike, ensuring strong accessibility and exposure to thousands of vehicles daily. Zoned N-MU, permitted uses include hotel, restaurants, bars, nightclubs, auto rentals, service stations, schools, and religious facilities. The site is currently leased on a month-to-month basis to a boat dealer and a billboard lease, offering immediate passive income while planning for future redevelopment. DO NOT disturb the current tenants. Showings are by appointment only.
  • LPA mt Sq Ft: 97.5
  • Structure Type: Commercial
  • Public Survey Township: 50
  • Street Name: State Road 7
  • Listing Agreement: Exclusive Agency
  • Public Survey Section: 36
  • Utilities: Water Connected,Water Available
  • Building Area Units: Square Feet
  • Internet Entire Listing Display: 1
  • TaxYear: 2024
  • Original Entry Timestamp: 2025-01-28T23:10:34.867Z
  • Source System Key: 406307587
  • Lot Features: Central Business District,City Location,Less Than 1 Acre
  • Possible Use: Interstate,Intensive Development
  • Lot Size Square Feet: 20000

Mortgage Calculator

$6,270,696.18
Monthly
  • Down Payment $292,500.00
  • Loan Amount $1,657,500.00
  • Monthly Mortgage Payment $14,112.85
  • Property Tax $4,875,000.00
  • Home Insurance $83.33
  • PMI $1,381,250.00
  • Monthly HOA Fees $250.00
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