Hollywood Multifamily Development
For Sale
$540,000
1601 N 16th Ct, Hollywood, FL 33020
LAND - Hollywood, FL
Property SizeContact for details
Lot Size0.26 Acres
Days on Market35
Property Features for 1601 N 16th Ct
General Information
Property type
Land
Property subtype
Other
Zoning description
RM-18
Vegetation
Grassed
Subdivision
CLEVELAND TERRACE FIRST A
Lot features
1/4 to 1/2 Acre Lot
Standard status
Active
APN
514210320130
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CLEVELAND TERRACE FIRST ADD 18-7 B LOT 1 BLK 4 & POR OF N1/2 OF VAC ROOSEVELT ST LYING S & ADJ TO SAID LOT BY OR 34048/1543
Tax Annual Amount
7915
Legal Description
CLEVELAND TERRACE FIRST ADD 18-7 B LOT 1 BLK 4 & POR OF N1/2 OF VAC ROOSEVELT ST LYING S & ADJ TO SAID LOT BY OR 34048/1543
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Compass Florida, LLC
(954) 477-7332
Listed By:
Lourdes Maestres · License #3224157
(954) 738-5322
Added: Jul 9
Last Checked: Aug 12 at 7:06AM
MLS# A11997449
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located east of Federal Highway, this property is a prime development opportunity in Hollywood, Florida. The oversized lot, just over 0.2617 acres, is zoned for multi-family use, presenting exceptional potential for investors, builders, and developers. The favorable zoning allows for the construction of multiple units or maximized density. The property is situated minutes from Young Circle, beaches, and golf courses, within an area experiencing strong growth and demand. Surrounded by residential and income-producing properties, the location is suitable for new construction or long-term investment. The property includes a structure and mature fruit trees, such as mango, papaya, and avocado. This adds immediate usability or holding value while development plans are finalized. The property has no HOA, ample space, and strong upside potential in a rapidly developing area. It is located in major redevelopment areas.
Key Highlights
- Great Location on Major Hwy
- Rustic and Ready
- Various types of businesses will fit
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,431
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - Oversized lot zoned for multifamily development in prime location.
Where is this land located?
The property is located at 1601 N 16th Ct Hollywood, FL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
