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$12,500,000
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Property Description
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, oering 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. 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.
Full Property Details
Full Property Details for 124 S Federal Hwy
General
- Price: $12,500,000
- Taxes: $18,008 (2025)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11985756
- Updated: 3/24/2026
- Added to Site: 68 day(s) ago
Location
- Area: Hollywood Entrada Amended
- County: Broward County
- Subdivision: HOLLYWOOD ENTRADA AMENDED
- Building Name: HOLLYWOOD ENTRADA AMENDED
Community
- Community Name: Hollywood Entrada Amended
Utilities
- Sewer: None
- Water: Other
- Utility Description: No Utilities, None
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Other Usage, Other Style
Lot Features
- Lot Size (Acres): 1.11
- Lot Size (Sq. Ft.): 11,615
- Lot Dimensions: 215 x 245
- Frontage Feet: 215
- Lot Features: Corner Lot, 1-2.5 Acres
- Potential Use: Other Plan Use
- Zoning: CENTRAL
Financial Considerations
- Tax Amount: $18,008
- Tax Year: 2025
Disclosures and Reports
- Legal Description: HOLLYWOOD ENTRADA AMENDED PLAT 10-2 B LOT 28, 29, 30;LESS PT INC'D IN PARCEL 107 IN CA 88-14063 BLK 4
- Property ID: 514227240491
Listed by Gridline Properties
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Schools
Schools serving 124 S Federal Hwy
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Hallandale Elementary School 1000 Southwest 3rd Street, Hallandale Beach, FL 33009 | K-5 | 1.3 mi |
Hallandale High School 720 Northwest 9th Avenue, Hallandale Beach, FL 33009 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 S Federal Hwy
Date
Details
Price
Change
Source
3/19/2026
Listed
$12,500,000
103.25%
MLS
6/04/2018
Sold
$6,150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 124 S Federal Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,008
-59%
$929,200
7%
2024
$43,859
—
$871,130
-56%
2024
$43,859
-3%
$1,990,480
—
2023
$45,223
2%
$1,990,480
—
2022
$44,447
4%
$1,990,480
—
2021
$42,816
-1%
$1,990,480
—
2019
$43,230
90%
$1,990,480
88%
2018
$22,799
5%
$1,061,280
—
2017
$21,650
-2%
$1,061,280
—
2016
$22,074
83%
$1,061,280
93%
2015
$12,076
-4%
$549,860
1%
2014
$12,535
—
$546,450
4%
2013
$12,572
—
$527,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124 S Federal Hwy
124 S Federal Hwy, Hallandale Beach, FL 33009 (MLS# A11985756) is a Commercial Land property with a lot size of 1.11 acres. 124 S Federal Hwy is currently listed for $12,500,000 and was received on March 19, 2026. Want to learn more about 124 S Federal Hwy? Do you have questions about finding other Commercial Land real estate for sale in Hallandale Beach? You can browse all Hallandale Beach real estate or contact a Coldwell Banker agent to request more information.

