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611 SOUTH 24TH AVE #1-7, Hollywood
$1,275,000 USD
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| Address | 611 SOUTH 24TH AVE #1-7, Hollywood |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Business Location | City Location,Corner Lot |
| Price | $1,275,000 |
| Previous Price | $1,540,000 (7 days ago) |
| Property Status | Pending |
| MLS Number | A11928895 |
| Property Size | 20497 |
| Lot Size | 20497 |
| Year Built | 1938 |
| Folio Number | 514216011660 |
| Zoning Information | DH-2 |
| Days on Market | 36 |
Detailed Description: Prime investment and redevelopment opportunity in the heart of Hollywood, FL. Set on approximately ½ acre, this corner property comprises four buildings with a total of seven rental units, generating stable income while offering significant long-term upside. Situated within the DH-2 zoning district, the site allows for future redevelopment of a 4-story, 25–27-unit multifamily project, making it an ideal acquisition for developers, investors, and assemblage strategies seeking scale in a high-growth market. Current Improvements and Unit Mix: Building 1: Single-family home, 2BR / 1BA, rented for $1,800 / month. Building 2: Three-unit structure 1BR / 1BA – $1,500 / month 1BR / 1BA – $1,500 / month 2BR / 1BA – $1,600 / month Building 3: Two 1BR / 1BA units, each rented for $1,500 / month, both with private fenced yards. Building 4: Single-family home, 2BR / 1BA, with private fenced yard, rented for $2,000 / month. The large lot, multi-frontage corner positioning, and flexible zo
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Address Information
| State | Florida |
| City | Hollywood |
| County | Broward County |
| Zip Code | 33020 |
| Address | 611 SOUTH 24TH AVE |
| Business Location | City Location,Corner Lot |
| Section | 16 |
| Zip Code (4 Digits) | 5334 |
Financial Information
| Price | $1,275,000 |
| Price per Foot | $0 |
| Previous Price | $1,540,000 |
| Folio Number | 514216011660 |
| Tax Amount | $18,154 |
| Type of Contingencies | Pending Inspections |
Full Descriptions
| Detailed Description | Prime investment and redevelopment opportunity in the heart of Hollywood, FL. Set on approximately ½ acre, this corner property comprises four buildings with a total of seven rental units, generating stable income while offering significant long-term upside. Situated within the DH-2 zoning district, the site allows for future redevelopment of a 4-story, 25–27-unit multifamily project, making it an ideal acquisition for developers, investors, and assemblage strategies seeking scale in a high-growth market. Current Improvements and Unit Mix: Building 1: Single-family home, 2BR / 1BA, rented for $1,800 / month. Building 2: Three-unit structure 1BR / 1BA – $1,500 / month 1BR / 1BA – $1,500 / month 2BR / 1BA – $1,600 / month Building 3: Two 1BR / 1BA units, each rented for $1,500 / month, both with private fenced yards. Building 4: Single-family home, 2BR / 1BA, with private fenced yard, rented for $2,000 / month. The large lot, multi-frontage corner positioning, and flexible zo |
| Year Built Description | Unknown |
| Roof Description | Shingle |
| Floor Description | Tile |
| Water Description | Public |
| Sewer Description | Other, Public Sanitation, Septic Tank |
| Parking Description | Common |
Property parameters
| Living Area | 20497 |
| Lot Size | 20497 |
| Total Acreage | 0.000 |
| Zoning Information | DH-2 |
| Maximum Leasable Size | 20497 |
| Year Built | 1938 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Construction Type | Concrete Block Construction,Frame With Stucco |
| Stories Number | 1 |
| Street Direction | South |
| Listed with | Keter Estates LLC |