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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.
Listed by John DeMarco, RE/MAX 5 Star Realty

Property Details of 119 S 21st Avenue

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on July 2, 2026

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