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    231 61st Ter Hollywood, FL 33024
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    Property profile & analytics

    231 61st Ter, Hollywood, FL 33024

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    • Warehouses
    • 515 SF
    • 0.89 lot acres
    Off-Market
    Last Sale May 20, 2024
    Property ID
    US18-9743767
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 231 61st Ter

    Year built
    1952
    Construction
    CONCRETE
    Lot size
    0.89 lot acres
    Zone code
    C-MU
    Property type
    Warehouses
    APN
    51-41-13-06-0430
    APU
    514113060430

    Description

    This exceptional 19,300 square foot vacant lot presents a unique investment opportunity in Hollywood, Florida. Located at 231 N 61st Ter, 33024, this property boasts versatile C-MU zoning, allowing for a wide range of development possibilities. Potential uses include commercial ventures, live-work spaces, multi-family residential buildings, single-family homes, lodging facilities, office spaces, places of worship, schools, and various other commercial applications. Currently utilized as a storage yard, the land offers significant redevelopment potential. Its prime location provides unparalleled accessibility. Situated less than a block from the Florida Turnpike and within three miles of I-95, this property enjoys exceptional connectivity to major transportation arteries. Furthermore, its proximity to the ocean (within five miles), shopping centers, the airport, and major metropolitan areas such as Miami and Fort Lauderdale, enhances its desirability and potential for high returns. The asking price for this remarkable property is $799,999. This is a rare chance to acquire a strategically located parcel with immense development potential in a thriving South Florida market. Don't miss this opportunity to capitalize on the vibrant growth of Hollywood.


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    Location Insight

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    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.2107
    Latitude
    26.012
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,107
    $503,140
    $40,090
    $543,230
    -
    $503,140
    $40,090
    $543,230
    More about this property
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