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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1601 N 16th Ct , Hollywood, FL 33020
$540,000
Est. Payment: $1,200.00/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 161
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House Description

Prime development opportunity in the heart of Hollywood! Oversized lot just over 1/4 acre, zoned multi-family, offering exceptional potential for investors, builders, and developers. With generous lot dimensions and favorable zoning, this property presents the opportunity to build multiple units or maximize density (buyer to verify with city). Located east of Federal Highway, just minutes from Young Circle, beaches, golf courses, and major redevelopment areas, this location continues to see strong growth and demand. Surrounded by residential and income-producing properties, making it ideal for new construction or long-term investment. The property currently features a structure and mature fruit trees including mango, papaya, and avocado, adding immediate usability or holding value while plans are finalized. No HOA, ample space, and strong upside potential in a rapidly developing area. Rare opportunity to secure a large multi-family zoned lot in a prime​​‌​​​​‌​​‌‌​‌‌​​​‌‌​​‌‌​‌​​​‌​‌ location.

Highlights

Listed by Lourdes Maestres , 954-738-5322 and Patricia Plaza , 954-637-1919 Compass Florida, LLC , 954-477-7332.

Property Type

Vacant Land

Lot/Acreage
0.26

County

Broward

Area

3030

Neighborhood

Cleveland Terrace First A

Listing ID

A11997449

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:1/4 to 1/2 Acre Lot
Zoning:RM-18
Sewer:Public Sewer
Principal Interest
$1,200
Taxes
$660

Home Price

$540,000

Loan Details

30 yrs
%

Down Payment

20%
$108,000
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Monthly Price:
$1,200.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,200.00 $659.58 $0.00 $1,859.58
Yearly $14,400.00 $7,915.00 $0.00 $22,315.00
Total $432,000.00 $237,450.00 $0.00 $669,450.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.