192 Development Ave - Live Local Act Redevelopment Opportunity! 1.12 Acres of Commercial Land Offered at $20,477,164 CAD in Hollywood, FL 33020

This full pre-approved plan of a 11-story multifamily project is situated on an approximately 1.12-acre assemblage and features 192 planned residential units with a structured parking design and ground-floor retail component. The development includes a 6,568 square foot commercial space, residential lobby, multi-level parking structure, and an elevated amenity deck with pool, designed to support modern urban living. Qualified under the Live Local Act, the site allows for high-density residential development up to 140 feet. The property currently consists of existing improvements including an operating preschool, an assisted living facility, and a separate parking parcel, providing flexibility during the redevelopment process.