119 S 21st Avenue, Hollywood, FL 33020

$2,300,000

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List Price
$2,300,000
Days on Market
36
MLS#
A12046954
Lot Size
5,738
Subtype
Unimproved Land
County
Broward

Property Description

This premier mixed-use development site offers a rare opportunity in the heart of Downtown Hollywood. Situated on 5,738 SF, the property provides immediate income with a month-to-month tenant currently paying $5,500 per month, allowing an investor or owner-user to generate cash flow while planning future development.The property includes approved renderings and plans for a dynamic mixed-use project featuring 2,562 SF of ground-floor retail space, ideal for a modern restaurant/bar concept with outdoor seating. The second floor is designed for 3,168 SF of residential space, with plans for two spacious 3-bedroom, 2-bath apartments, meeting the growing demand for stylish urban living in Downtown Hollywood.With strong visibility, pedestrian traffic, and close proximity to dining, entertainment, shopping, and nightlife, this site is well-positioned for a vibrant redevelopment. Whether you are an experienced developer or an owner-user looking to bring a restaurant/bar vision to life, this property offers the perfect blend of income, approved plans, location, and long-term upside in one of South Florida’s most active downtown districts.

Additional Information

Lot Description
Central Business District, City Lot, Interior Lot
Restrict
CityRestrictions
Taxes
$1,562
Utilities
None, Sewer Not Available
Acres
0.13
Lot Description
Central Business District, City Lot, Interior Lot
Elementary School
Hollywood Central
Middle School
Olsen
High School
South Broward

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX 5 Star Realty. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: John DeMarco | Email: John@deMarcogroup.net