Unimproved Land in 1601 N 16th Court, Hollywood, FL 33020 for sale with MLS# A11997449

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.

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Days on the market

1601 N 16th Court, Hollywood, FL 33020

Price
Price:
$540,000.00
Original List Price:
$559,000.00
List Price per Sq Ft (Calculated, Approx.):
$47.67
List Price per Sq Ft (Calculated, Approx.):
$47.37
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 9, 2026 4:02 pm
Measures
Lot Area:
11,400 Sqft
Lot Size Dimensions and Info:
11400
Lot Features:
Street Lights, Sidewalks
Lot Size Acres:
0.26
Number of Lots:
1
Property Features
Waterfront:
No
Current Use:
Recreational, Residential
Vegetation and Trees:
Other, Mango, Avocado
Property Entrance Faces:
West
Construction
Road Frontage Type:
Public Road
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$7,915.00
Tax Year:
2025
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Electricity Available, Sewer Available, Water Available, Trash Removal
Water Source:
Public
Community
Subdivision Name:
CLEVELAND TERRACE FIRST A
Senior Community:
No
Development Status:
Other, Recorded Plat
Terms
Documents Available:
Survey
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
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
Real Estate Folio Number (Parcel Number):
514210320130
Zoning:
RM-18
Public Schools Assigned
Elementary School:
Hollywood Central
High School:
South Broward
Middle Or Junior School:
Olsen
Listing History
Active on the market since:
April 8, 2026
Listing Agreement executed on:
April 8, 2026
Price change occurred on:
July 9, 2026 4:02 pm
Listing Status Last Changed On:
April 8, 2026 4:00 am
Photos updated on:
August 2, 2026 9:05 pm
Last Modified:
August 2, 2026 9:11 pm
Additional Information
Courtesy of:
Compass Florida, LLC
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
16th
Street Number:
1601
City:
Hollywood
State:
Florida
Zip Code:
33020
County:
Broward
Latitude:
N25° 59' 51.1''
Longitude:
W81° 51' 41.5''
Street Suffix:
Court
Street Direction Prefix:
N
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $52,535
Median Home Value $306,700
Median Rent $1,444/mo
Median Age 39
Population 44,112

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 55 Moderate
☀️ O3 25 Good
🫁 PM2.5 55 Moderate
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.