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Remodeled Duplex
For Sale
Contact for pricing
Pending

507 N 61st Ave, Hollywood, FL 33024

Updated income property on a C-MU zoned parcel with tenant-paid utilities.

Property SizeContact for details
Lot Size0.30 Acres
Days on Market150

Property Features for 507 N 61st Ave

General Information

Standard status Pending
Lot size 0.30 Acres
Property subtype Multifamily
Zoning C-MU

Additional Details

Gross Income $48,000
Multifamily Units 2
Listing Agency: Nancy Gaggino R.E. Broker
Listed By: Nancy Gaggino · License #3215563
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 7:55AM

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 Nancy Gaggino R.E. Broker

Investment Insights

Based on property information with market context.

This duplex at 507 N 61st Ave in Hollywood, Florida, occupies a 13,000-square-foot lot designated C-MU. The property has undergone a comprehensive remodel, including upgraded kitchens and bathrooms, a replacement roof, new air-conditioning systems, and fresh interior paint.

The zoning framework allows up to 22 residential units as of right, subject to applicable city requirements and zoning provisions. Existing tenants pay all utilities, and the property is configured as a duplex. Buyers and representatives should complete their own due diligence regarding zoning, development capacity, physical condition, and operating information.

Key Highlights

  • 13,000‑square‑foot lot in Hollywood, FL
  • C‑MU zoning allows up to 22 residential units as of right
  • Duplex has been entirely remodeled

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Gym & Fitness Center Travel Agency Tattoo & Piercing Shop

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

Location Intelligence

Trade Area within ½ mile

1,470
Businesses Nearby

Demographics for 33024, FL

74,843
Population
26,552
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
6,452
Density / Sq Mi
$76,501
Median Household Income
$38,144
Median Earnings
$1,724
Median Rent
$365,200
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 - Updated income property on a C-MU zoned parcel with tenant-paid utilities.
Where is this duplex located?
The property is located at 507 N 61st Ave Hollywood, FL.
What are key features of this property?
This property features: 13,000‑square‑foot lot in Hollywood, FL; C‑MU zoning allows up to 22 residential units as of right; Duplex has been entirely remodeled
(443) 627-3456 Call to check price and availability
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