Premier Brokers International
1601 N 16th Court, Hollywood, FL 33020
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A11997449
$500,000

↓ Price reduced $59,000 on Sep 23, 2026

1601 N 16th Court, Hollywood, FL 33020

Beds
—
Baths
0
Sqft
—
Est. payment$3,504/mo
Home type
Unimproved Land
Year built
—
Lot size
11,326 sqft
Price / sqft
—
HOA
$0/mo
Community
CLEVELAND TERRACE FIRST A

Property 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 activity

Days on market
168
Listed
Apr 8, 2026
MLS listing updated
Sep 23, 2026
Feed last checked
3 minutes ago

Listed by Lourdes E Maestres · Compass Florida, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

Waterfront property
No

Lot

Lot size
11,326 sqft
Lot size (acres)
0.26 acres
Lot dimensions
11400
Lot features
Sidewalks, Street Lights
Zoning
RM-18
Road surface
Paved
Road frontage
Public Road
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
West
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Available, Sewer Available, Water Available, Trash Removal
Community & HOA

Community

Subdivision
CLEVELAND TERRACE FIRST A
MLS area
3030
MLS subarea
HWEA - Hollywood East (3010-3050)

Association

Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Hollywood
County
Broward
ZIP code
33020
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11997449
Possession
Negotiable
Original list price
$559,000
Parcel number
514210320130
Annual property tax
$7,915
Tax year
2025
Tax legal description
CLEVELAND TERRACE FIRST ADD 18-7 B LOT 1 BLK 4 & POR OF N1/2 OF VAC ROOSEVELT ST LYING S & ADJ TO SAID LOT BY OR 34048/1543
Additional MLS details

Reported by the listing source

Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Broward
Days On Market
168
Direction Faces
West
Elementary School
Hollywood Central
High School
South Broward
List Price
500000
Listing Contract Date
2026-04-08
Lot Size Acres
0.26
Lot Size Dimensions
11400
MLSArea Major
3030
MLSArea Minor
HWEA - Hollywood East (3010-3050)
Middle Or Junior School
Olsen
Mls Status
Active
On Market Date
2026-04-08
Photos Count
15
Postal Code
33020
Price Change Timestamp
2026-09-23T16:23:56Z
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Road Frontage Type
Public Road
Road Surface Type
Paved
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-04-08T04:00:00Z
Subdivision Name
CLEVELAND TERRACE FIRST A
Water Source
Public
Tax Annual Amount
7915
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Apr 8, 2026ListedMIAMI REALTORS® MLS$559,000
Sep 23, 2026Price reducedMIAMI REALTORS® MLS$500,000

Public tax history

YearProperty taxesAssessment
2025$7,915—

Payment calculator

Estimated monthly payment$3,504/moIllustrative estimate, not a loan offer.
Principal & interest
$2,594
Property taxes
$660
Insurance
$250
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

CLEVELAND TERRACE FIRST A

Hollywood · Broward County · 33020

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Hollywood CentralElementary
—
OlsenMiddle
—
South BrowardHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Compass Florida, LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.