124 South Federal Highway Hallandale Beach, FL 33009

$12,500,000
0.27
Acres
$12,500,000
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124–136 South Federal Highway presents a premier corner development opportunity within the City of HallandaleBeach’s Central RAC district. The ±48,368-square-foot site occupies a prominent position along US-1, oeringexceptional frontage, and zoning capacity to accommodate a wide range of vertical development strategies.Zoned Central RAC, the property permits multifamily, condominium, hotel, and mixed-use development withbuilding heights of up to 20 stories. Base density allows approximately 70–90 units per acre, with the potential toincrease to 120 units per acre through implementation of the Live Local Act.Beyond its standalone potential, the site presents a compelling assemblage opportunity, offering the ability toexpand the footprint and further enhance scale within one of Hallandale Beach’s designated redevelopmentdistricts. With limited remaining corner parcels along Federal Highway capable of supporting this level of vertical intensity,124–136 South Federal Highway represents a rare opportunity to secure a strategically positioned developmentless than a mile away from Aventura.

124–136 South Federal Highway presents a premier corner development opportunity within the City of HallandaleBeach’s Central RAC district. The ±48,368-square-foot site occupies a prominent position along US-1, oeringexceptional frontage, and zoning capacity to accommodate a wide range of vertical development strategies.Zoned Central RAC, the property permits multifamily, condominium, hotel, and mixed-use development withbuilding heights of up to 20 stories. Base density allows approximately 70–90 units per acre, with the potential toincrease to 120 units per acre through implementation of the Live Local Act.Beyond its standalone potential, the site presents a compelling assemblage opportunity, offering the ability toexpand the footprint and further enhance scale within one of Hallandale Beach’s designated redevelopmentdistricts. With limited remaining corner parcels along Federal Highway capable of supporting this level of vertical intensity,124–136 South Federal Highway represents a rare opportunity to secure a strategically positioned developmentless than a mile away from Aventura.

  • Neighborhood
  • Type
  • County
    Broward County
  • Area
    Hollywood Entrada Amended
  • Tax Amount
    $18,008
  • Status
    Active
  • Listing #
    A11985756
  • Lot Size
    0.27
  • Listed on site
    77 days
  • Listing Agent Id
    3210686
  • Listing Agent Phone
    786-325-5647

Listed by:
Gridline Properties

Source:
MIAMI MLS

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Property details

Community Features

  • No HOA

Property History

DateDays AgoEventNew Price
Mar 19, 20263 mos agoPrice increased12,487,500 (100%)$12,500,000
Mar 19, 20263 mos agoNew on market$12,500
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