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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.

Listed by Sha Kaplan, Century 21 KoRes

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