Luxury estate — 1109 N Federal Highway · St James Park South Add · Hollywood
$5,000,000
1109 N Federal Highway, Hollywood, FL 33020
Hollywood, FL, 33020
— bd · — ba · — sqft
Listed by Oasis Blue Realty
1109 N Federal Highway, Hollywood, FL 33020
Listed by Oasis Blue Realty
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homesExceptional shovel-ready development opportunity on Federal Highway. The property includes a fully approved mixed-use project with all major governmental approvals in place, allowing a buyer to move directly into construction. Approved plans include a 10-story building with 64 residential condominium units and 3 ground-floor retail spaces. Construction permits have been approved, permit fees have been paid, and the project is ready to break ground. A construction loan has already been approved by a bank, subject to the lender's final closing requirements and underwriting conditions, providing a significant advantage by reducing financing time and development risk. Investors may acquire the entire project or purchase a 50% ownership interest, creating an excellent opportunity for developers, builders, institutional investors, or joint venture partners. The property's location on Federal Highway offers outstanding visibility, strong traffic counts, easy access to major highways, shopping, restaurants, beaches, airports, and employment centers. This is a rare opportunity to acquire a fully entitled development with approvals already secured, saving years of planning, engineering, zoning, and permitting. All information, approved plans, surveys, engineering documents, and due diligence materials are available upon request. Buyer shall verify all information, approvals, financing terms, dimensions, and development requirements independently.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
119 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
1109 N Federal Highway, Hollywood, FL 33020 · Hollywood
Location
1109 N Federal Highway, Hollywood, FL 33020
What buyers ask about this home
What are the estimated monthly carrying costs at 1109 N Federal Highway, Hollywood, FL 33020?+
Property tax (after sale): $8,708/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1109 N Federal Highway, Hollywood, FL 33020?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1109 N Federal Highway, Hollywood, FL 33020 need flood insurance, and what drives the premium?+
Most of Hollywood sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1109 N Federal Highway, Hollywood, FL 33020?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 1109 N Federal Highway, Hollywood, FL 33020?+
This listing has been on the market 119 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Hollywood, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Championship Academy Of Distinction Middle School
Middle school · Charter · Grades 6–8 · Hollywood
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Hollywood
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Hollywood
Sheridan Hills Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Hollywood
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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