House in Hollywood, FL 33020

Cleveland Terrace, 1601 N 16th Ct

Rare opportunity on an oversized lot just over 1/4 acre in the heart of Hollywood! This move-in ready property offers exceptional potential for both end users and investors alike. Zoned multi-family, this property presents a unique opportunity for future development or income-producing potential. Ideal for first-time homebuyers who value spacious outdoor living, with plenty of room to expand, add a pool, or create a custom backyard retreat. The property features a variety of mature fruit trees, including mango and papaya, creating a lush and private outdoor setting. Located east of Federal Highway, just minutes from the beach, golf courses, and the vibrant Young Circle area, known for its ongoing redevelopment, dining, and entertainment. Existing 2-bedroom, 1-bath home offers comfortable living with flexibility for future updates, expansion, or redevelopment. No HOA, ample parking including space for boat or RV, and a quiet residential setting. Whether you're looking to move right in, renovate, or build new, this property delivers location, land, and long-term value.