CLEVELAND TERRACE FIRST A

1601 N 16th Ct, Hollywood FL 33020

For Sale · Active Listing

$559,000

Est. Payment $2,975/mo

MLS Sheet Video

38

Days on Market

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.

Facts

MLS#
A11997449
Subdivision
CLEVELAND TERRACE FIRST A
Property Type
Land/Boat Docks
Property Sub Type
Residential
Year Built
Lot Size
11,326 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
38 days
Listed
Apr 8, 2026
Last Updated
May 17, 2026
Price/Lot Sq.Ft.
$49/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Hollywood

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

38

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/8/2026Listed for sale$559,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1601 N 16th Ct, Hollywood FL 33020Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$3,591/mo

Principal & Interest

$2,975

Property Tax

$466

Insurance

$150

HOA

$0

20% ($111,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated 2 hours ago

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