Exclusive FH-2 Assemblage | 14-Story Redevelopment Opportunity – Hollywood, FL

Nearly 60,000 SF FH-2 land with 14-story potential + $1M/year motel income — Act before year-end.

1040 & 1010 S Federal Hwy + Optional Motel Parcel

Up to ~59,865 SF | FH-2 Zoning | 14 Stories

PRIME FH-2 REDEVELOPMENT ASSEMBLAGE | HOLLYWOOD, FL

RISE Realty is pleased to present a rare opportunity to assemble nearly 60,000 SF of contiguous land along South Federal Highway, one of Hollywood’s busiest redevelopment corridors. With FH-2 zoning and income-producing assets already in place, this assemblage is ideal for multifamily, hospitality, or mixed-use vertical development.

📌 Assemblage Highlights

A. 1040 S Federal Hwy & 1817 Funston St

  • Asking: $5,999,000

  • Lot Size: 26,596 SF

  • Zoning: FH-2 | 14 stories

  • Features: 4,260 SF showroom/retail, strong frontage, surface parking

B. 1010 S Federal Hwy – Beach & Town Motel

  • Asking: $8,000,000 (off-market)

  • Lot Size: 21,058 SF (corner lot)

  • Current Use: 30-room motel | $1M+ annual revenue potential

  • Optional: Add 21,058 SF Motel Parcel for 59,865 SF total

🔶 Key Advantages

  • FH-2 zoning with vertical development potential

  • High-visibility Federal Hwy frontage

  • Income-producing assets while planning redevelopment

  • Minutes to Young Circle, I-95 & Hollywood Beach

  • ±47,654 SF Assemblage (1040 & 1010 S Federal Hwy)

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