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+10 photosLuxury estate — 4950 S State Road 7 · Playland Isles · Hollywood
$10,995,000
4950 S State Road 7, Hollywood, FL 33314
Hollywood, FL, 33314
— bd · — ba · — sqft
Listed by The Keyes Company
4950 S State Road 7, Hollywood, FL 33314
Listed by The Keyes Company
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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 homesPrime Commercial Land Across from Hard Rock Hotel & Casino!Exceptional commercial land directly across from the world-famous Seminole Hard Rock Hotel & Casino—a premier high-traffic location in Hollywood, FL. Zoned for commercial use, this property offers incredible exposure and long-term investment potential. Please note: An active business currently operates on-site, but the business is not included in the sale. Just minutes from major highways and Fort Lauderdale Airport. Rare location, endless potential—don’t miss out!
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 27%
The seller has come down from $15,000,000 to $10,995,000 — a $4,005,000 reduction since it came on the market.
482 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.)
4950 S State Road 7, Hollywood, FL 33314 · Hollywood
Location
4950 S State Road 7, Hollywood, FL 33314
What buyers ask about this home
What are the estimated monthly carrying costs at 4950 S State Road 7, Hollywood, FL 33314?+
Property tax (after sale): $9,305/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 4950 S State Road 7, Hollywood, FL 33314?+
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 4950 S State Road 7, Hollywood, FL 33314 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 4950 S State Road 7, Hollywood, FL 33314?+
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 4950 S State Road 7, Hollywood, FL 33314?+
This listing has been on the market 482 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.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Zone boundaries published by Broward County Public Schools.
Other options for this address
ST. Thomas Aquinas High School
High school · Private · Catholic · Grades 9–12 · Fort Lauderdale
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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$10,995,000 · MLS A11842366
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