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699 S Federal Highway, Hollywood, FL 33020
Sold
111 Days on Market
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$3,100,000

Sold · September 17, 2026

699 S Federal Highway

Hollywood, FL 33020

Explore the area: Hollywood homes for sale · Broward County real estate

What this home sold for

Sold price
$3,100,000
Vs. list price
11.4% under
Days on market
111
Price per sq ft
N/A

This commercial property in ZIP 33020 sold for $3,100,000 on September 17, 2026. That was 11.4% below its final list price of $3,500,000. It spent 111 days on the market.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
1954
Year Built

Listing Snapshot

Sold Price
$3,100,000
Sold On
September 17, 2026
Days on Site
111 Days
Bedrooms
0
Total Baths
0
Total Sq Ft
5,688 sqft
Lot Size
0.58 Acres
Year Built
1954
Property Type
Commercial
MLS #
A12018285
Property Tax
$15,297
County
Broward
Status
Sold

About This Property

Rare assembled corner site — 25,173 SF across 3 folios at the intersection of US-1 and Jefferson Street in Downtown Hollywood's Regional Activity Center. Zoned FH-2 mixed-use: build up to 18 stories / 190 ft with FAR 4.75, allowing up to 119,572 SF of residential, hotel, retail, office, or mixed-use development. Land prices at approximately $29/buildable SF at maximum density — among the most compelling bases in Broward County today. Two-parcel configuration: front parcel on Federal Highway is completely vacant and development-ready. Rear parcel at 1745 Jefferson generates $100K+ net annually from 6 fully furnished Airbnb units (5×1BR, 1×2BR) at 90% occupancy — income in place while you permit. 14 assigned parking spaces, 7 individual utility meters, no flood zone designation, effectively debt-free. The most difficult entitlement hurdle has already been cleared for a 5-story, 51-unit residential concept — buyer benefits from advanced approvals. Previously listed by Douglas Elliman at $4,990,000. Now offered at $3,500,000. Seller financing may be available for qualified buyers. Surrounded by $1B+ in active development: 1818 Park ($190M, Aug 2025), 21 Hollywood (under construction), Gaia Residences ($850–$1,069/SF pre-sales). Downtown Hollywood Opportunity Zone. All information for reference only — verify all zoning, FAR, height, and entitlement details with City of Hollywood Planning Department.

Virtual Tour

General Features

Property Type
Commercial
Status
Sold
Year Built
1954
Lot Size (Acres)
0.58
Total Sq Ft
5,688
Zoning
FH-2

Community & HOA

Financing Terms
Cash
MLS Area
3030

Browse Hollywood homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Hollywood includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Hollywood listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
1,850
Median List Price
$497,500
Median $/Sq Ft
$401
Avg Days on Market
165
View all 1,850 homes for sale in Hollywood →
How do I schedule a tour of 699 S Federal Highway, Hollywood, FL 33020?
Use the Tour button on this listing to request a showing of 699 S Federal Highway, Hollywood, FL 33020. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 699 S Federal Highway, Hollywood, FL 33020 still available?
699 S Federal Highway, Hollywood, FL 33020 is currently listed as Sold, and has been on the market 111 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 699 S Federal Highway, Hollywood, FL 33020?
With 20% down ($700,000) on the $3,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 699 S Federal Highway, Hollywood, FL 33020 is about $18,394/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 699 S Federal Highway, Hollywood, FL 33020?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 699 S Federal Highway, Hollywood, FL 33020. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 699 S Federal Highway, Hollywood, FL 33020?
Often, yes. The right offer on 699 S Federal Highway, Hollywood, FL 33020 depends on how it's priced against comparable commercial sales in Hollywood, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Prime Den Real Estate Corporation

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$3,100,000

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Listed by Roberto U. Balcker, Prime Den Real Estate Corporation

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