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.
Property Details
- Lot Features
- 1/4 To Less Than 1/2 Acre Lot, Sidewalk, Street Lights
- Lot Description
- 1/4 To Less Than 1/2 Acre Lot, Sidewalk, Street Lights
- Acres
- 0.262
- Lot Size (sqft)
- 11400.0
- Property Type
- Purchase
- Sewer Information
- Public Sewer
- Utility Source
- Municipal Water
- Utility Features
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Availabl
- Subdivision
- CLEVELAND TERRACE FIRST A
- County
- Broward County
- Region
- Hollywood
- Zoning
- RM-18
- Original List Price
- $559,000
- Taxes Annual
- $7,915
- MLS #
- A11997449
- Property Subtype
- Residential
- Parcel Number
- 514210320130
- MLS #
- A11997449
- Structure Type
- Residential
- Date Listed
- April 08, 2026
- Address
- 1601 16th Ct
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: Sep 13, 2026 5:51 PM. Source: MAOR
Provided By
Listed by Lourdes Maestres (#3224157), Email: lourdes.maestres@compass.com
Listing Office: Compass Florida, LLC (#COMP04)
