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Active unimprovedland SALE

124 S Federal Highway, Hallandale Beach, Florida 33009

Hallandale Beach, FL 33009

$12,500,000
Property Details
MLS# A11985756
Type Unimprovedland
Tax Amount $18,008

Property Description

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.
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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office: Gridline Properties
Listing Agent: Alfredo Riascos

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