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1109 N 61st Ave, Hollywood FL 33024

Commercial For Sale
$995,000

BTC: 15.37391842

ETH: 522.95757474

1 days
0 room(s)

Overview

A rare opportunity to acquire a fully cleared, development-ready site in the City of Hollywood with shovel-ready, fully approved plans for a 14-unit residential building. Approvals are in hand and the plans have been value-engineered for efficient, cost-controlled construction, allowing a buyer to break ground without the time, expense, and uncertainty of the entitlement process. The 14,171 SF C-MU parcel sits within Hollywood city limits and is currently assessed as vacant residential land. The approved program delivers 10,444 square feet of net rentable area across three floors, with an efficient mix weighted toward two-bedroom units and 24 on-site parking spaces. Every unit is designed with central air conditioning, impact-rated windows and doors, tile flooring, and a fully equipped kitchen, producing a durable, low-maintenance asset well suited to South Florida operating conditions.

Location

Details

Type:
Commercial Sale
Parking:
Covered / Garage / Guest
Year Built:
No Data
Lot:
0.30 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$887,500
$517K – $972K
Confidence Low
List vs. estimate
$107K above estimate
List $995,000 · +12.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,940
All facts and features
  • Flooring

    • Tile

    Cooling

    • Central Individual A/C

  • Parking

    • Covered

    • Garage

    • Guest

    Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 514112050930

    • Zoning: C-MU

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $7,940

  • Source details

    • MLS ID: A12071079

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Central Business District / In Residential Area

    • Window Features: Complete Impact Glass / Complete Other Protection

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: RE/MAX FIRST