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$549,999 -$9,001 (-1.61%) Price Reduced
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Property 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.
Full Property Details
Full Property Details for 1601 N 16th Ct
General
- Price: $549,999
- Taxes: $7,915 (2025)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11997449
- Updated: 5/27/2026
- Added to Site: 56 day(s) ago
Location
- Area: Cleveland Terrace First A
- County: Broward County
- Subdivision: CLEVELAND TERRACE FIRST A
- Building Name: CLEVELAND TERRACE FIRST A
- Direction Faces: West
Community
- Community Name: Cleveland Terrace First A
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Multi-Family, Recreational
Additional Structures
- Other Structures: Well Kept
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,400
- Street/Road Desc.: Paved Road, Paved
- Lot Features: 1/4 To Less Than 1/2 Acre Lot, Sidewalk, Street Lights
- Development Status: Other, Recorded Plat
- Trees/Vegetation: Avocado, Mango, Other Trees, Grass/Pasture
- Zoning: RM-18
Financial Considerations
- Tax Amount: $7,915
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial Photo, Survey Available
- Legal Description: CLEVELAND TERRACE FIRST ADD 18-7 B LOT 1 BLK 4 & POR OF N1/2 OF VAC ROOSEVELT ST LYING S & ADJ TO SAID LOT BY OR 34048/1543
- Property ID: 514210320130
Listed by Compass Florida, LLC
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Schools
Schools serving 1601 N 16th Ct
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Dania Elementary School 300 Southeast 2nd Avenue, Dania Beach, FL 33004 | K-5 | 1.5 mi |
Olsen Middle School 330 Southeast 11th Terrace, Dania Beach, FL 33004 | 6-8 | 0.7 mi |
South Broward High School 1901 North Federal Highway, Hollywood, FL 33020 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1601 N 16th Ct
Date
Details
Price
Change
Source
5/27/2026
Price Reduced
$549,999
-1.61%
MLS
4/08/2026
Listed
$559,000
33.1%
MLS
10/20/2021
Sold
$420,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1601 N 16th Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,915
—
$417,140
3%
2024
$7,948
—
$404,550
—
2024
$7,948
3%
$405,320
3%
2023
$7,750
73%
$393,520
80%
2021
$4,474
-39%
$218,790
-43%
2022
$7,356
64%
$382,060
72%
2021
$4,474
11%
$222,340
41%
2019
$4,042
17%
$158,020
10%
2018
$3,458
8%
$143,660
-16%
2017
$3,208
5%
$170,060
4%
2016
$3,061
11%
$163,240
51%
2015
$2,751
15%
$107,940
10%
2014
$2,387
9%
$98,130
10%
2013
$2,186
—
$89,210
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1601 N 16th Ct
1601 N 16th Ct, Hollywood, FL 33020 (MLS# A11997449) is a Land Residential property with a lot size of 0.26 acres. 1601 N 16th Ct is currently listed for $549,999 and was received on April 08, 2026. Want to learn more about 1601 N 16th Ct? Do you have questions about finding other Land Residential real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

