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Duplex with Townhome Development Plans
For Sale
$725,000

1309 N 24th Avenue, Hollywood, FL 33020

Oversized corner lot featuring a duplex with pre-approved plans for five 2-bedroom townhomes with den and 2.5 baths each.

Property SizeContact for details
Lot Size0.33 Acres
Days on Market43

Property Features for 1309 N 24th Avenue

General Information

Standard status Active
Lot size 0.33 Acres
Property subtype Land
Zoning DH-1
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,679

Building Details

Tenancy Multi
Listing Agency: Realty Home Advisors Inc
Listed By: Tanya Tsveyer · License #3030816
Source: Laerrealty
Added: Jul 5 Changed: Aug 8 Last Checked: Aug 15 at 4:03AM

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 Realty Home Advisors Inc

Investment Insights

Based on property information with market context.

This property is a duplex on an oversized corner lot, currently generating rental income with both units rented. The offering also includes pre-approved plans for a development of five townhomes, each designed with 2 bedrooms plus a den and 2.5 bathrooms. Architectural plans are prepared for PACO presentation, with documentation noted as attached.

The property is described as conveniently located between Fort Lauderdale and Miami, with Hollywood Beach less than 3.5 miles away and close drive access to Downtown Hollywood Circle. Ample parking is also referenced as part of the site.

For buyers seeking an income-producing asset with an included development path, the duplex and the provided plan set offer a clear framework for proceeding through the next presentation step outlined in the materials.

Key Highlights

  • Oversized 14,518 SF corner lot with a duplex and pre‑approved plans to develop five townhomes
  • Proposed townhome plan: 5 units, each with 2BR + den and 2.5BA
  • Pre‑approved plans available and architectural plans ready for Paco presentation (attached document)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Restaurant Clothing & Fashion Store Butcher Adult Day Care

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

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,391
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
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Frequently Asked Questions

What type of property is this?
Duplex - Oversized corner lot featuring a duplex with pre-approved plans for five 2-bedroom townhomes with den and 2.5 baths each.
Where is this duplex located?
The property is located at 1309 N 24th Avenue Hollywood, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Oversized 14,518 SF corner lot with a duplex and pre‑approved plans to develop five townhomes; Proposed townhome plan: 5 units, each with 2BR + den and 2.5BA; Pre‑approved plans available and architectural plans ready for Paco presentation (attached document)
More about this property
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