2424 Hollywood Blvd
Hollywood, FL 33020

The property was originally constructed in 1954 to service the community’s need for a local grocery store. Property is sited directly on Hollywood Boulevard with ~100’ of frontage. The City of Hollywood has recently made a considerable investment aimed at expanding Hollywood Boulevard’s traffic capacity and improving the walkability of the city’s busiest corridor. As it stands the property is mixed use with ground-level retail and multifamily on the second floor. The main retail tenant of this property is fashioned as a neighborhood Italian grocery store, called “Torinos Meat market and Deli.” which have recently vacated. The are two residential units on the second floor are also occupied on a month-to-month basis. The real value of the ~0.4 Acre property lay within its ~100’ by ~170’ lot dimensions combined with being newly zoned by the City of Hollywood as "RC-1". RC-1 zoning will allow for a seven-story mixed use tower, that is required to have ground-level use of retail/office/restaurant, but stories above ground may be residential. Property has no long-term leases in place holding up the potential for development.