1601 N 16th Ct, Hollywood FL 33020

$540,000

Description

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.

Listing courtesy of Lourdes Maestres, Compass Florida, LLC · Updated 9/5/2026