What is the asking price and what does it include?

The list price for 4950 S State Road 7, Hollywood FL 33314 is $11,950,000. The property is a Commercial with — bedrooms, — bathrooms, approximately — square feet of living space, on a 1 lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 4950 S State Road 7, Hollywood FL 33314 in Hollywood, 33314. Coordinates are approximately 26.0606256, -80.2073339. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Hollywood — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 11,950,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 4950 S State Road 7, Hollywood FL 33314.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

Home
Commercial
4950 S State Road 7, Hollywood FL 33314 | Broward County | A11842366

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4950 S State Road 7, Hollywood FL 33314 | Broward County | A11842366

4950 S State Road 7, Hollywood FL 33314

Commercial Land Active

$11,950,000

10 More

Type
Commercial

Square Feet
Area Size

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Commercial Land Active

4950 S State Road 7, Hollywood FL 33314 | Broward County | A11842366

4950 S State Road 7, Hollywood FL 33314

$11,950,000

Description

Prime Commercial Land Across from Hard Rock Hotel & Casino!
Exceptional commercial land directly across from the world-famous Seminole Hard Rock Hotel & Casino—a premier high-traffic location in Hollywood, FL. Zoned for commercial use, this property offers incredible exposure and long-term investment potential. Please note: An active business currently operates on-site, but the business is not included in the sale. Just minutes from major highways and Fort Lauderdale Airport. Rare location, endless potential—don’t miss out!

Address

Open on Google Maps

Address: State Road 7
City: Hollywood
State/county: Broward County
Zip/Postal Code: 33314
Area: PLAYLAND ISLES

Details

Updated on June 1, 2026 at 6:21 pm

Property ID A11842366
Price $11,950,000
Land Area 1 Square Feet
Type Commercial
Property Status Commercial Land

Additional details

BuildingAreaUnits Square Feet
BuildingName PLAYLAND ISLES
ContractStatusChangeDate 2025-07-18
CurrentUse Unimproved Business/Commercial
DaysOnMarket 318
Directions Follow GPS.
DocumentsAvailable Aerial Photo
DocumentsCount 1
ExpirationDate 2026-07-18
FrontageLength 129
GrossScheduledIncome 0
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 954-240-5337
ListingTerms All Cash, Conventional, Owner Will Carry
LotFeatures Corner Location, Other Soil Type, 1-2.5 Acres
LotSizeDimensions 129x313
LotSizeSquareFeet 46760
MLSAreaMajor Playland Isles
MajorChangeTimestamp November 14, 2025 at 08:47pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp June 1, 2026 at 07:14pm
OnMarketDate 2025-07-18
OriginalEntryTimestamp July 20, 2025 at 03:07am
OriginalListPrice 15000000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 504136060052
PhotosChangeTimestamp July 20, 2025 at 03:09am
PhotosCount 15
PossibleUse Open Land
PostalCode 33314
PostalCodePlus4 5652
PreviousListPrice 15000000
PriceChangeTimestamp November 14, 2025 at 08:47pm
PublicSurveyRange 50
PublicSurveySection 36
PublicSurveyTownship 50
RoadFrontageType City/County Maintained
RoadResponsibility Public Maintained Road
RoadSurfaceType Paved
Sewer Public Sanitation
ShowingContactType Agent
ShowingInstructions Call Listing Agent, Showing Assist
SourceSystemKey 418090629
StateOrProvince FL
StatusChangeTimestamp July 20, 2025 at 03:07am
StreetDirPrefix S
StreetName State Road 7
StreetNumber 4950
StreetNumberNumeric 4950
StructureType Commercial
SyndicationRemarks Prime Commercial Land Across from Hard Rock Hotel & Casino! Exceptional commercial land directly across from the world-famous Seminole Hard Rock Hotel & Casino—a premier high-traffic location in Hollywood, FL. Zoned for commercial use, this property offers incredible exposure and long-term investment potential. Please note: An active business currently operates on-site, but the business is not included in the sale. Just minutes from major highways and Fort Lauderdale Airport. Rare location, endless potential—don’t miss out!
TaxAnnualAmount 27516
TaxLegalDescription PLAYLAND ISLES 37-14 B E 76 OF W 225 OF S 150 & W 149 OF S 150 OF BLK 2 TOG WITH S 75 LESS W 225 THEREOF, ALL IN BLK 2 TOG WITH N 75 OF S 15
TaxYear 2024
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Irrigation Water, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Removal, Water Available
View None
WaterSource Municipal Water
Zoning N-MU