Property 611 S 24th Avenue 17, Hollywood, FL 33020 with MLS# A11928895
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 structure1BR/1BA - $1,500/month1BR/1BA - $1,500/month2BR/1BA - $1,600/monthBuilding 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 zoning support strong design potential for redevelopment. The property is centrally located minutes from Downtown Hollywood, major transportation corridors, retail, dining, and Hollywood Beach, providing both immediate income and exceptional future development value.A rare opportunity to secure an income-producing asset with meaningful redevelopment upside in one of South Florida's most rapidly evolving submarkets.
611 S 24th Avenue 17, Hollywood, FL 33020
- Price:
- $1,275,000.00
- Original List Price:
- $1,540,000.00
- Close Price:
- $1,245,000.00
- Transaction closed on:
- April 10, 2026
- Tenant Pays:
- Electricity, Interior Electric
- Listing Type:
- Sold
- Status:
- Closed
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- April 10, 2026 4:00 am
- Built-Up Area:
- 4,157 Sqft
- Lot Size Acres:
- 0.47
- Security:
- Smoke Detector(s), Security Lights, Security Fence
- Year Built:
- 1938
- Roof:
- Shingle
- Number of Buildings:
- 4
- Number of Units Total:
- 4
- Construction Materials:
- Block, Frame, Stucco
- Flooring:
- Tile
- Flood Zone Code:
- AH
- Tax Annual Amount:
- $18,154.00
- Parking Features:
- Common
- Sewer:
- Septic Tank, Public Sewer
- Utilities Available:
- Sewer Available
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, Other
- Tax Legal Description:
- HOLLYWOOD LITTLE RANCHES 1-26 B LOT 12 BLK 2
- Real Estate Folio Number (Parcel Number):
- 514216011660
- Zoning:
- DH-2
- Active on the market since:
- December 11, 2025
- Listing Agreement executed on:
- December 11, 2025
- Purchase Contract Date:
- February 24, 2026
- Price change occurred on:
- February 18, 2026 5:05 pm
- Listing Status Last Changed On:
- April 10, 2026 4:00 am
- Photos updated on:
- April 12, 2026 3:11 am
- Last Modified:
- April 12, 2026 3:11 am
- Courtesy of:
- Keter Estates LLC
- Attribution:
- Not provided
- Street Name:
- 24th
- Street Number:
- 611
- Unit Number:
- 17
- City:
- Hollywood
- State:
- Florida
- Zip Code:
- 33020
- County:
- Broward
- Latitude:
- N26° 0' 21.4''
- Longitude:
- W81° 50' 45.4''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- S
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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