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Development
5200 S State Rd 7, Hollywood, Florida, 33314
Size: 20,996 sq. ft.
Price: $3,140,000
Multifamily / Mixed-Use Development...
This is a rare infill redevelopment opportunity located in Newark, a growing Bay Area city strategically positioned between Oakland and San Jose, with strong access to major employment hubs in Silicon Valley and the Peninsula.
The offering includes two adjacent parcels (6417 & 6433 Thornton Ave) totaling approximately ±0.48 acres, zoned Residential High Density within the city’s Old Town Specific Plan, an area targeted for higher-density housing and long-term urban growth.
The site is well-suited for multifamily or mixed-income residential development, with the potential to significantly increase unit count through California’s State Density Bonus Law, particularly when incorporating affordable housing. The City of Newark has been notably supportive of new residential projects, helping streamline the entitlement process for developers.
The property is located directly near a newly approved 59-unit affordable housing project, reinforcing the city’s commitment to expanding housing in this corridor and providing a strong indicator of future development momentum.
This is an ideal opportunity for investors seeking a Bay Area foothold with scalable density potential, favorable zoning, and proximity to major job centers, all within a more accessible price point compared to surrounding cities.
Adan Alva
Development
5200 S State Rd 7, Hollywood, Florida, 33314
Size: 1.98 sq. ft.
Price: $6,000,000,000
Development Opportunity West Palm
Development Opportunity West Palm Beach Westgate CRA District Two folios 1853 & 1865 Donnell Rd. West Palm Beach FL 33409 being sold together totaling 1.978 acres in the rapidly revitalizing Westgate CRA District. This prime location is just minutes from Palm Beach International Airport downtown West Palm Beach shopping dining and beaches The Westgate Community Redevelopment Agency CRA has indicated the potential to build up to 150 units on this combined site buyer must conduct their own due diligence with CRA and governing authorities For details on Westgate’s redevelopment vision visit westgatecra
Costa Bella Realty Group
