$1,540,000

611 S 24th Ave 1-7, Hollywood, FL 33020

4,157 sqft

Multi-Family Home
Built in 1938
0.47acre lot
—— car garage
$370/sqft
Listed 4 days ago

Property 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.

Listing Status:: Active
Date Added:: December 11, 2025 at 06:00AM
Listing Office:: Keter Estates LLC : 305-761-1612
Listing Agent:: Erica Mizrahi : 305-761-1612
MLS ID:: A11928895

Flooring: Tile

Parking: Common

Roofing: Shingle
General: Concrete Block ConstructionFrame With Stucco1

Originating MLS: Miami Association of REALTORS®
County: Broward County

Zoning: DH-2HOLLYWOOD LITTLE RANCHES 1-26 B LOT 12 BLK 2514216011660

Water: Public
Sewer: OtherPublic SanitationSeptic Tank

Source: Miami Association of REALTORS®

This listing courtesy of Erica Mizrahi, Keter Estates LLC

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Property Taxes $
Home Insurance $
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Location

Schools Nearby

Alpha International Academy

121 S 24th Ave, Hollywood, FL, 33020

Grades KG-5

0.31 miles away

Ben Gamla Charter School

2620 Hollywood Blvd, Hollywood, FL, 33020

Grades KG-8

0.46 miles away

The Ben Gamla Preparatory Academy

2650 Van Buren St, Hollywood, FL, 33020

Grades 6-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.