Description

Prime development opportunity in the heart of Hollywood! Oversized lot just over 1/4 acre, zoned multi-family, offering exceptional potential for investors, builders, and developers. With generous lot dimensions and favorable zoning, this property presents the opportunity to build multiple units or maximize density (buyer to verify with city).

Located east of Federal Highway, just minutes from Young Circle, beaches, golf courses, and major redevelopment areas, this location continues to see strong growth and demand. Surrounded by residential and income-producing properties, making it ideal for new construction or long-term investment.

The property currently features a structure and mature fruit trees including mango, papaya, and avocado, adding immediate usability or holding value while plans are finalized.

No HOA, ample space, and strong upside potential in a rapidly developing area. Rare opportunity to secure a large multi-family zoned lot in a prime location.

Address

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Address: 16th Ct
City: Hollywood
State/county: Broward County
Zip/Postal Code: 33020
Area: CLEVELAND TERRACE FIRST A

Details

Updated on May 3, 2026 at 5:21 am

Property ID A11997449
Price $559,000
Land Area 0.26 Square Feet
Type Residential
Property Status Land/Boat Docks

Additional details

BuildingAreaUnits Square Feet
BuildingName CLEVELAND TERRACE FIRST A
ContractStatusChangeDate 2026-04-08
CurrentUse Multi-Family, Recreational
DaysOnMarket 25
DevelopmentStatus Other, Recorded Plat
DirectionFaces West
DocumentsAvailable Aerial Photo, Survey Available
DocumentsCount 2
ExpirationDate 2026-10-08
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 954-738-5322
ListingTerms All Cash, Conventional, FHA, VA Loan
LotFeatures 1/4 To Less Than 1/2 Acre Lot, Sidewalk, Street Lights
LotSizeSquareFeet 11400
MLSAreaMajor Cleveland Terrace First A
MajorChangeTimestamp April 8, 2026 at 07:38pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp May 3, 2026 at 03:01am
OnMarketDate 2026-04-08
OriginalEntryTimestamp April 8, 2026 at 07:38pm
OriginalListPrice 559000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
OtherStructures Well Kept
ParcelNumber 514210320130
PhotosChangeTimestamp April 8, 2026 at 07:52pm
PhotosCount 15
Possession Funding
PostalCode 33020
PostalCodePlus4 3209
PriceChangeTimestamp April 8, 2026 at 07:33pm
PublicSurveyRange 51
PublicSurveySection 10
PublicSurveyTownship 51
RoadFrontageType Paved Road, Public Road
RoadSurfaceType Paved Road, Paved
Sewer Public Sewer
ShowingInstructions See Broker Remarks, Showing Assist
SourceSystemKey 451553743
StateOrProvince FL
StatusChangeTimestamp April 8, 2026 at 07:38pm
StreetDirPrefix N
StreetName 16th Ct
StreetNumber 1601
StreetNumberNumeric 1601
StructureType Residential
SyndicationRemarks Prime development opportunity in the heart of Hollywood! Oversized lot just over 1/4 acre, zoned multi-family, offering exceptional potential for investors, builders, and developers. With generous lot dimensions and favorable zoning, this property presents the opportunity to build multiple units or maximize density (buyer to verify with city). Located east of Federal Highway, just minutes from Young Circle, beaches, golf courses, and major redevelopment areas, this location continues to see strong growth and demand. Surrounded by residential and income-producing properties, making it ideal for new construction or long-term investment. The property currently features a structure and mature fruit trees including mango, papaya, and avocado, adding immediate usability or holding value while plans are finalized. No HOA, ample space, and strong upside potential in a rapidly developing area. Rare opportunity to secure a large multi-family zoned lot in a prime location.
TaxAnnualAmount 7915
TaxLegalDescription 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
TaxYear 2025
Utilities Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
Vegetation Avocado, Mango, Other Trees, Grass/Pasture
WaterSource Municipal Water
Zoning RM-18