This Multifamily Property is no longer advertised on LoopNet.com.

611 24th ave
Hollywood, FL 33020
611 S 24th Ave, Hollywood, FL 33020 · Multifamily Property For Sale · 7 Units

Investment Highlights

  • Strong In-Place Cash Flow-Stabilized asset with immediate cash flow from seven residential units
  • Value-Add & Redevelopment Opportunity-Existing improvements generate income while entitlements or redevelopment plans are pursued
  • Favorable long-term demographic growth supporting multifamily demand
  • High-Density Zoning – DH-2 (Downtown High Intensity District)
  • Prime Hollywood Location-Positioned within a city actively encouraging urban infill and density

Attachments

Property Facts

No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Lot Size 0.48 AC
Building Size 20,438 SF
Average Occupancy 100%
No. Stories 1
Year Built 1937
Zoning DH2 - High-Density Zoning – DH-2 (Downtown High Intensity District) BASIC ZONING Zone: DH-2 Existing Building Use: MULTI FAMILY 10 UNITS LESS Existing Land

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,500 550
2+1 3 $1,800 650 - 860

Property Taxes

Property Taxes

Parcel Number
51-42-16-01-1660
Land Assessment
$184,470 (2026)
Improvements Assessment
$559,930 (2026)
Total Assessment
$744,400 (2026)
Annual Taxes
$18,154 ($0.89/SF)
Tax Year
2025
  • Listing ID: 39421022

  • Date on Market: 2/12/2026

  • Last Updated:

  • Address: 611 24th ave, Hollywood, FL 33020

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