124 S Federal Hwy, Hallandale Beach, FL 33009

$12,500,000

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List Price
$12,500,000
Price Change
▲ $12,487,500 1773951183
MLS#
A11985756
Status
ACTIVE
Type
Commercial

Property Description

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, oering 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. 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.

Additional Information

Days on Market
135
Tax Amount
$18,008
Parcel Number
514227240491
Lot Size
11,615
Address
124 S Federal Hwy, Hallandale Beach
Development Name
Hollywood Entrada Amended
Development
Hollywood Entrada Amended
Section
27

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