Cleveland Terrace, 1601 N 16th Ct

549,999-1.82%
$540,000
0.26
Acre
Status
Active
Size
0.26 Acres (1,059 m2)
Price
$2,076,923/Acre ($510/m2)
Type
Land
MLS Number
A11997449
On Site
101 Days
Updated
3 Days ago
Page Views
0
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... Read more

Features

All features
  • Property SqFt: 11400
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Directions: West
  • Days on Market: 98
  • Compass Point: N
  • Office Name: Compass Florida, LLC
  • Area: 11400
  • Taxes: 7915
  • Tax Year: 2025
  • Listing Date: 2026-04-08T15:38:04.000-00:00
  • Lot Size Square Feet: 11400

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Price History

Current
$540K
High
$559K
Low
$540K
Total Change
-3.4%
$561K$550K$538KApr 26May 26May 26Jul 26
Date
Event
Price
Change
Price Per
07/09/2026
Price Reduced
$540K
-1.82%
$47 ft2
$510 m2
05/27/2026
Price Reduced
$550K
0%
$48 ft2
$519 m2
05/27/2026
Price Reduced
$550K
-1.61%
$48 ft2
$519 m2
04/08/2026
Listed
$559K
 
$49 ft2
$528 m2
07/09/2026
$540K
Event
Price Reduced
Change
-1.82%
Price Per
$47 ft2
$510 m2
05/27/2026
$550K
Event
Price Reduced
Change
0%
Price Per
$48 ft2
$519 m2
05/27/2026
$550K
Event
Price Reduced
Change
-1.61%
Price Per
$48 ft2
$519 m2
04/08/2026
$559K
Event
Listed
Price Per
$49 ft2
$528 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Lourdes MaestresCompass Florida, LLC • Buyer Agency Compensation .

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Community Snapshot
2 to 2 BR
Bedrooms
$550K to $3M
Price Tier
888 - 8,203
SqFt Range
1940
Year Build
1
Total Floors

Hollywood
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