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124-136 S Federal Hwy - US-1 Corner Development Site | 48,368 SF 1.11 Acres of Commercial Land Offered at $17,134,875 CAD in Hallandale Beach, FL 33009
Investment Highlights
- Multifamily, condo, hotel, and mixed-use allowed
- ±48,368 SF corner development site
- Existing income-producing tenant
- Up to 20 stories permitted
- Multifamily, condo, hotel, and mixed-use allowed
Executive Summary
124–136 South Federal Highway presents a premier corner development opportunity within the City of Hallandale Beach’s Central RAC district.
The ±48,368-square-foot site occupies a prominent position along US-1, offering exceptional frontage, and zoning capacity to accommodate a
wide range of vertical development strategies.
Zoned Central RAC, the property permits multifamily, condominium, hotel, and mixed-use development with building heights of up to 20 stories. Base density allows approximately 70–90 units per acre, with the potential to increase to 120 units per acre through implementation of the Live Local Act.
Beyond its standalone potential, the site presents a compelling assemblage opportunity, offering the ability to expand the footprint and further enhance scale within one of
Hallandale Beach’s designated redevelopment districts. Please reach out to Shelly Poston for more information on this.
With limited remaining corner parcels along Federal Highway capable of supporting this level of vertical intensity,
124–136 South Federal Highway represents a rare opportunity to secure a strategically positioned development less than a mile away from Aventura.
The ±48,368-square-foot site occupies a prominent position along US-1, offering exceptional frontage, and zoning capacity to accommodate a
wide range of vertical development strategies.
Zoned Central RAC, the property permits multifamily, condominium, hotel, and mixed-use development with building heights of up to 20 stories. Base density allows approximately 70–90 units per acre, with the potential to increase to 120 units per acre through implementation of the Live Local Act.
Beyond its standalone potential, the site presents a compelling assemblage opportunity, offering the ability to expand the footprint and further enhance scale within one of
Hallandale Beach’s designated redevelopment districts. Please reach out to Shelly Poston for more information on this.
With limited remaining corner parcels along Federal Highway capable of supporting this level of vertical intensity,
124–136 South Federal Highway represents a rare opportunity to secure a strategically positioned development less than a mile away from Aventura.
Property Facts
| Price | $17,134,875 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.11 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | RAC - General Commercial | ||
| Price | $17,134,875 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.11 AC |
| Opportunity Zone |
Yes |
| Zoning | RAC - General Commercial |
1 Lot Available
Lot
| Price | $17,134,875 CAD | Lot Size | 1.11 AC |
| Price Per AC | $15,437,658.85 CAD |
| Price | $17,134,875 CAD |
| Price Per AC | $15,437,658.85 CAD |
| Lot Size | 1.11 AC |
Premier corner development site in Hallandale Beach’s Central RAC district allowing multifamily, condo, hotel, and mixed-use development with up to 20 stories permitted.
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Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,067,015 CAD | |
| Land Assessment | $1,447,717 CAD | Total Assessment | $2,514,732 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,447,717 CAD
Improvements Assessment
$1,067,015 CAD
Total Assessment
$2,514,732 CAD
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124-136 S Federal Hwy - US-1 Corner Development Site | 48,368 SF
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