Search
Hollywood Triplex Development Opportunity
For Sale
$915,000

1231 N 16th Ct, Hollywood, FL 33020

City-approved site plan for modern triplex project in Hollywood.

Lot Size0.21 Acres
Days on Market247

Property Features for 1231 N 16th Ct

General Information

Standard status Active
Lot size 0.21 Acres
Property subtype Other
Listing Agency:
Listed By: Mariana Ruscelli
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Jul 31 at 5:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mariana Ruscelli

Investment Insights

Based on property information with market context.

This property presents an opportunity for investors and developers, featuring a city-approved site plan for a modern project on a 9,000 square foot double lot. Located in a prime area of Hollywood, east of US 1 and one block from Hollywood Young Circle and ArtsPark, the site is also a few minutes from beaches. The approved plans detail a project for 4 triplexes, each measuring 2,500 square feet, with 8 parking spots. Currently, there is a 1,130 square foot rented house on the property, which can provide income until permits are approved or be delivered vacant at closing.

Key Highlights

  • City‑approved site plan for a modern project consisting of four triplexes.
  • Prime Hollywood location, one block east of Hollywood Young Circle/ArtsPark and close to beaches.
  • Double lot, 9,000 sq ft corner lot with approved plans for desirable architecture.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Restaurant Clothing & Fashion Store Dental Office Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,431
Businesses Nearby

Demographics for 33020, FL

45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - City-approved site plan for modern triplex project in Hollywood.
Where is this triplex located?
The property is located at 1231 N 16th Ct Hollywood, FL.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: City‑approved site plan for a modern project consisting of four triplexes.; Prime Hollywood location, one block east of Hollywood Young Circle/ArtsPark and close to beaches.; Double lot, **9,000 sq ft corner lot with approved plans for desirable architecture**.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message