116 N 61st Avenue, Hollywood FL 33024 | Broward County

116 N 61st Avenue, Hollywood FL 33024 | Broward County | F10518937

$3,500,000

Description

Sanctuary Windows and Doors has seen its income progressively increase every year. This business is well established, profitable, and positioned for continued growth, currently netting around $475,000 annually. Sanctuary Windows and Doors has a solid customer base, proven systems, and an excellent track record.

Property Overview

This is a -bedroom, -bath home of about square feet at 116 N 61st Avenue, Hollywood FL 33024 (Hollywood 33024), listed at $3,500,000.

Monthly Costs, Stated Plainly

This home has no mandatory HOA (single-family / no association on record).

The tax of record is $8,675 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $73,500/yr (≈ $6,125/mo); with the homestead exemption on a primary residence, about $72,450/yr (≈ $6,038/mo). Confirm with the Broward Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 116 N 61st Avenue is $3,500,000. While the MLS does not specify the furnished status, fixtures and built-in appliances typically convey with the home—always confirm specifics before proceeding. Community or on-site amenities, if any, would be shared through the HOA and not included with the property itself. For precise details on what stays or goes, contact Christopher Lazaro, Hollywood Real Estate Agent, to verify and protect your interests.

Where exactly is it, and what should I know about the location?

116 N 61st Avenue is situated in Hollywood, FL 33024, a prime coastal corridor location just minutes from the Atlantic Ocean. The property offers easy access to major highways, dining, and entertainment while maintaining a tranquil residential feel. For the latest insights on this $3,500,000 listing’s neighborhood dynamics, contact Christopher Lazaro, Hollywood Real Estate Agent, to discuss specifics or schedule a private tour.

What are the HOA / association fees, and what do they cover?

This distinguished Hollywood residence at 116 N 61st Avenue has no mandatory HOA—it's a single-family home with no association on record, meaning you'll manage utilities, landscaping, and upkeep directly. While exempt from HOA rules, the property remains subject to Hollywood city ordinances covering zoning, noise, and exterior standards. For full clarity on local regulations or to discuss this $3,500,000 home's autonomy, contact Christopher Lazaro, your Hollywood Real Estate Agent, for verified insights.

What are the property taxes and homestead implications?

The current tax of record for 116 N 61st Avenue is $8,675 (2024), but Florida reassesses taxes at sale. As an ESTIMATE ONLY — using a Broward County rate near 2.1% — the annual property tax would be approximately $73,500 (≈ $6,125/mo) without homestead, or $72,450 (≈ $6,038/mo) with Florida's homestead exemption, which lowers taxable value exclusively for primary residences. These are estimates, not quotes; always confirm with the Broward Property Appraiser and a tax professional. For precise figures tailored to your situation, contact Christopher Lazaro, Hollywood Real Estate Agent, to discuss further.

Is the home in a flood zone, and what does that mean?

116 N 61st Avenue is in a FEMA-designated flood zone, which indicates its risk level for flooding. Flood zones like AE or VE (high-risk) often require flood insurance for mortgages, while moderate-to-low-risk zones (X) may not. FEMA defines flood zones here, and you can View the FEMA flood map for this address to confirm specifics. For precise guidance on insurance requirements and property resilience, contact Christopher Lazaro, Hollywood Real Estate Agent, to discuss your protections.

Are pets allowed?

As a single-family home at 116 N 61st Avenue, Hollywood FL 33024, this property has no HOA or condo restrictions—pet policies are solely determined by the owner, in compliance with local ordinances and any active lease terms. Documented service animals and emotional support animals (ESAs) are protected under federal law. For complete clarity on current arrangements, contact Christopher Lazaro, Hollywood Real Estate Agent, directly.

How is the price set and is there room to negotiate?

In Hollywood’s current market, Broward single-family homes are closing at 96% of original list price, averaging 35 days to contract (MIAMI REALTORS®, May 2026). For 116 N 61st Avenue, we’ve anchored the $3,500,000 list price to a competitive CMA reflecting recent sales of similar luxury properties in Hollywood Hills—let’s review those hyperlocal comps together before crafting your offer. To discuss negotiation strategy or verify Hollywood-specific data, reach out directly to Christopher Lazaro, Hollywood Real Estate Agent.

What financing step do you recommend before touring?

Before touring 116 N 61st Avenue, I strongly recommend securing a pre-approval from a Florida-licensed mortgage originator. This not only clarifies your budget for a $3,500,000 Hollywood property but also positions you as a serious buyer in competitive negotiations. Reach out to Christopher Lazaro, Hollywood Real Estate Agent, to verify your readiness or explore financing options tailored to your goals.