119 S 21st Avenue, Hollywood, FL 33020

Property Description

This premier mixed-use development site offers a rare opportunity in the heart of Downtown Hollywood. Situated on 5,738 SF, the property provides immediate income with a month-to-month tenant currently paying $5,500 per month, allowing an investor or owner-user to generate cash flow while planning future development.The property includes approved renderings and plans for a dynamic mixed-use project featuring 2,562 SF of ground-floor retail space, ideal for a modern restaurant/bar concept with outdoor seating. The second floor is designed for 3,168 SF of residential space, with plans for two spacious 3-bedroom, 2-bath apartments, meeting the growing demand for stylish urban living in Downtown Hollywood.With strong visibility, pedestrian traffic, and close proximity to dining, entertainment, shopping, and nightlife, this site is well-positioned for a vibrant redevelopment. Whether you are an experienced developer or an owner-user looking to bring a restaurant/bar vision to life, this property offers the perfect blend of income, approved plans, location, and long-term upside in one of South Florida’s most active downtown districts.