124-136 S Federal Hwy - Commercial LAND FOR SALE


Hallandale Beach, FL 33009 48,347 SF
$12,500,000 USD
305-507-7098
124-136 S Federal Hwy, Hallandale Beach, FL for Sale
$12,500,000 USD
Commercial LAND - FOR SALE
1/7
48,347 SF

124-136 S Federal Hwy
Hallandale Beach, FL 33009


HIGHLIGHTS

  • Multifamily, condo, hotel, and mixed-use allowed
  • Up to 20 stories permitted
  • ±48,368 SF corner development site
  • Multifamily, condo, hotel, and mixed-use allowed
  • Existing income-producing tenant

OVERVIEW

124–136 South Federal Highway presents a premier corner development opportunity within the City of Hallandale Beach’s Central RAC district. The ±48,368-square-foot site occupies a prominent position along US-1, offering exceptional 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 with building heights of up to 20 stories. Base density allows approximately 70–90 units per acre, with the potential to increase 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 to expand the footprint and further enhance scale within one of Hallandale Beach’s designated redevelopment districts. Please reach out to Shelly Poston for more information on this. 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 development less than a mile away from Aventura.

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/ACRE

$11,261,870/AC

PRICE/SF

$259 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

US-1 Corner Development Site | 48,368 SF

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Hospitality, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Hotel, Storefront Retail/Office

LAND ACRES

1.11 AC

LAND SF

48,349 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RAC

APN/PARCEL ID

51-42-27-24-0490,51-42-27-24-0491

ASK ABOUT THIS PROPERTY

Shelly PostonGridline PropertiesMore Info
305-507-7098

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Shelly PostonGridline PropertiesMore Info
305-507-7098

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.