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.

Listing Status:

Active

Date Added:

June 24, 2026

Data Last Updated:

July 26, 2026 at 7:21AM

Listing Office:

RE/MAX 5 Star Realty : 954-361-0000

Listing Agent:

John DeMarco : 954-453-1000

MLS ID:

A12046954

Location

• Road/Access: Public Road
• Originating MLS: BEACH_MIAMI
• County: Broward

Lot

• Zoning: RC-2HOLLYWOOD 1-21 B LOT 5 BLK 8514215011310
• Current Use: Unimproved

Utilities

• Utilities: NoneSewer Not Available
• Water: Other

Financial

• Source: BEACH_MIAMI