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316 N 61st Ave, Hollywood FL 33024

Multi-family For Sale
$685,000

BTC: 10.62427297

ETH: 360.02606904

4 days
0 room(s)
1,567 sqft

Overview

Turnkey legal duplex with no HOA in the heart of Hollywood! An exceptional investment opportunity with immediate income potential. The rear unit is leased at $2,500/month, while the fully furnished front unit is move-in ready and ideal for short-, mid-, or long-term rental. Both units have been beautifully renovated with modern kitchens and bathrooms, stylish flooring, zebra shades, hurricane-impact windows and doors, and full-size washers and dryers. Major upgrades include new A/C systems (2021) and water heaters (2022 & 2023). Centrally located near major highways, Downtown Hollywood, Memorial Regional Hospital, Hard Rock Hotel & Casino, shopping, dining, and just minutes from Hollywood Beach. A turnkey opportunity offering modern living, strong rental potential, and long-term value for investors or owner-occupants.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1989
Lot:
No Data
Heating:
Central
Price/sqft:
$437
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$500,000
$399K – $625K
Confidence Low
List vs. estimate
$185K above estimate
List $685,000 · +37.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$437
+12.4% vs. city median $388
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,926
2025
Parking
4 spaces
All facts and features
  • Flooring

    • Tile

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 514113060660

    • Zoning: C-MU

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $10,926

  • Source details

    • MLS ID: A12055620

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 1567

    • Subdivision Name: GRACEWOOD NO 2

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP Realty South LLC