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Listed price in listed location currency (USD).
$1,540,000

000

MLS® A11928895

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $18,154
Days Active 0
Approx. Age 1938
MLS® Number A11928895

Property Address: 7-611 S 24th Ave, Hollywood, FL, 33020-5334

Average square foot calculated using Size range provided by listing agent.

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 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.
MLS® NumberA11928895
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1938
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building & Land, Fixtures, Leases

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 11, 2025List Date
$1,540,000List Price
  • Commute

Commute

Starting Address
Destination Address
611 S 24 Th Ave, Hollywood, FL

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