231 61St TerHollywood, FL 33024

Property Details for 231 61St Ter

Year built

1952

Construction

CONCRETE

Lot size

0.89 AC

Property size (Sq ft)

515 SF

Zone code

C-MU

Property type

Industrial properties

Property subtype

Other warehouses

APN

51-41-13-06-0430

APU

514113060430

Description

This exceptional 19,300 square foot vacant lot presents a unique investment opportunity in Hollywood, Florida. Located at 231 N 61st Ter, 33024, this property boasts versatile C-MU zoning, allowing for a wide range of development possibilities. Potential uses include commercial ventures, live-work spaces, multi-family residential buildings, single-family homes, lodging facilities, office spaces, places of worship, schools, and various other commercial applications. Currently utilized as a storage yard, the land offers significant redevelopment potential. Its prime location provides unparalleled accessibility. Situated less than a block from the Florida Turnpike and within three miles of I-95, this property enjoys exceptional connectivity to major transportation arteries. Furthermore, its proximity to the ocean (within five miles), shopping centers, the airport, and major metropolitan areas such as Miami and Fort Lauderdale, enhances its desirability and potential for high returns. The asking price for this remarkable property is $799,999. This is a rare chance to acquire a strategically located parcel with immense development potential in a thriving South Florida market. Don't miss this opportunity to capitalize on the vibrant growth of Hollywood.

• Alternative Use

  Use

  Valuation

  Residential

  $210,897

  Hospitality

  $193,180

  Educational

  $160,724

  Medical

  $166,251

  Retail

  $250,014

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.012

Longitude

-80.2107

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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