1751-1753 Wiley Street
For Sale or JV .50 AC Infill Development Site
Marketing description
1751-1753 Wiley Street offers a compelling development opportunity in the heart of Hollywood, Florida. Located directly on US-1 and positioned on the hard corner of a signalized intersection, the +/-0.50-acre site benefits from strong visibility, convenient access, and prominent branding potential along one of South Florida's most established commercial corridors. Ownership has already preliminary plans for a apartments building on the property. The site also offers flexibility for hospitality and mixed use projects.
The site is well situated near several of Hollywood's most recognizable destinations, including Hollywood Beach, less than a mile from the iconic ArtsPark at Young Circle in Downtown Hollywood, Big Easy Casino, and Seminole Hard Rock Hotel & Casino Hollywood. That positioning places any future development within reach of the area's leisure, entertainment, dining, and business activity, while also benefiting from connectivity of public transit options and a central location between the broader Miami and Fort Lauderdale markets.
Critically, the site's FH-2 zoning and Live Local Act eligibility unlock a development program that extends well beyond hospitality alone. A buyer may pursue multifamily residential, hospitality, retail, or a hybrid mixed-use program with Live Local Act provisions enabling meaningfully higher density and height than what is achievable by right. Taken together, the property's corridor presence, infill location, zoning flexibility, and proximity to key area attractions create a strong foundation for a high-impact development in one of Broward County's most active submarkets.
Investment highlights
- Hard corner of a signalized intersection on US-1 -- 30,000+ AADT traffic count
- +/-0.50-acre site with active hotel entitlements -- plans advanced, ready to build
- Covered land play with in-place cash flow from existing 10 unit apartment building
- FH-2 zoning allows multifamily, hotel, retail, and mixed-use by right
- Live Local Act eligible -- unlocks density above by-right limits and height tied to tallest building within 1 mile
- Hotel density advantage: hotel rooms count as 1/2 dwelling unit -- effectively doubling the density achievable versus residential
- Mixed-use FAR: 4.75 -- best-in-class intensity for the corridor
- 0.7 miles from Young Circle / ArtsPark at Downtown Hollywood
- Less than 4 miles to Fort Lauderdale-Hollywood International Airport
- 19 miles from Downtown Miami -- positioned between two major CBDs
- Hollywood CRA boundary -- additional support, density bonuses, and streamlined entitlement coordination
- Opportunity Zone designated -- favorable capital gains tax treatment available
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