NOT LISTED FOR SALE

1031 N Federal Hwy Hollywood, FL 33020

Hollywood Lakes Neighborhood
0.86 Acre
-- Price per Acre
37,462 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $1,837,500

1,169 Days on Market

About This Lot

As of October 2020

Repriced to $1,950,000 $51.96/SF. The subject property consists of 4 contiguous folios - two of which are located on Federal Hwy + one on 17 Ave. & one lot on Hayes Street for a total of .86 Acres with an FAR of 3.0 on the commercial frontage. ++++ Please view the attached offer memorandum for all salient data regarding this opportunity++++ Estimated potential 60-90 Residential Units and ground floor retail.

Last Agent to Sell the Property

Peter Dacko

Media Realty License #0600065 Listed on: 07/04/2017

Last Buyer's Agent

Minal Shah

LoKation License #3332105

LoKation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,864

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 270x185
  • Property fronts a county road
  • Corner Lot
  • Paved or Partially Paved Lot
  • 4 Lots in the community
  • Property is zoned C-2

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • Hollywood Lawns 2 58 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514210140560

Property Details

Property Type

Land

Est. Annual Taxes

$13,864

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: Federal Hwy North of Johnson Street
  • Special Features: 5120

Exterior Features

  • Lot Features: <1 Acre, Central Business District, Corner Lot, City Lot
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 514210140560
  • Current Use: Commercial
  • Lot Size Acres: 0.86
  • Lot Size: 270x185
  • Lot Size Sq Ft: 37533.0
  • Number Of Lots: 4
  • Additional Parcels Description: 514210140520,514210140570
  • Zoning Description: C-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 13864.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2017
Closed on
Sep 29, 2020
Sold by
Grenier Denis
Bought by
Grenier Steven
Seller's Agent
Peter Dacko
Media Realty
Buyer's Agent
Minal Shah
LoKation
List Price
$2,500,000
Sold Price
$1,837,500
Premium/Discount to List
-$662,500
-26.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Outstanding Balance
$499,064
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 6, 1995
Sold by
Garner Waneta and Garner Jack M
Bought by
Grenier Denis and Grenier Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
9.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grenier Steven $1,837,500 Enterprise Title Inc
Grenier Denis $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grenier Steven $918,750
Previous Owner Grenier Denis $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $1,837,500 -26.5% --
09/16/2020 09/16/20 Pending -- -- --
07/04/2017 07/04/17 For Sale $2,500,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,149 $739,450 $331,520 $407,930
2024 $16,815 $739,450 $331,520 $407,930
2023 $16,815 $719,370 $331,520 $387,850
2022 $16,124 $701,510 $331,520 $369,990
2021 $16,119 $701,510 $331,520 $369,990
2020 $16,117 $701,510 $331,520 $369,990
2019 $15,276 $683,660 $331,520 $352,140
2018 $13,507 $596,610 $331,520 $265,090
2017 $13,604 $596,610 $0 $0
2016 $13,864 $596,610 $0 $0
2015 $13,834 $596,610 $0 $0
2014 $13,938 $596,610 $0 $0
2013 -- $710,260 $331,520 $378,740
Source: Public Records

Agents Affiliated with this Home

  • Peter Dacko

    Seller's Agent in 2020

    Peter Dacko

    Media Realty

    (954) 232-7714

    2 in this area

    70 Total Sales

    Peter Dacko
    Section Image
  • Minal Shah

    Buyer's Agent in 2020

    Minal Shah

    LoKation

    (954) 800-3214

    38 Total Sales

    Minal Shah
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H10304419

BeachesMLS (Greater Fort Lauderdale)

APN: 51-42-10-14-0560

Florida Broward County Hollywood 33020 Hollywood Lakes

1031 N Federal Hwy, Hollywood, FL

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