Home » Properties » 1231 N 16th Ct, Hollywood FL 33020

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Prime Residential Land with Approved Plans in Hollywood, FL

Opportunity to develop 9,000 sqft corner lot near Hollywood Young Circle with city-approved plans for four triplexes and parking.

$915,000

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MLS #A11803196

Listing Updated: 2026-07-12 00:32:47

Listed By: Bricks Real Estate LLC

Overview

This 9,000 sqft corner lot in Hollywood, FL, offers a rare development opportunity in a highly desirable location just one block east of Hollywood Young Circle and ArtsPark. The city-approved site plan includes a modern design for four triplexes, each approximately 2,500 sqft, with eight parking spaces. Currently, there is a rented 1,130 sqft house on the property that can provide income until permits are finalized or be vacated at closing. The site’s proximity to beaches and vibrant local amenities makes it an attractive option for residential development in a sought-after area.

Property Highlights

City-approved site plan for four triplexes; 9,000 sqft corner lot; close to Hollywood Young Circle and beaches; existing rented 1,130 sqft house; eight parking spaces.

Property Details

City: Hollywood

State: FL

Zip Code: 33020

Address: 1231 N 16th Ct, Hollywood FL 33020

Year Built:

Property Type: Land/Boat Docks

Property Sub Type: Residential

Listing Office Name: Bricks Real Estate LLC

County: Broward County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $8,525

Days On Market: 388 Days

Original Listing Description

Offers Investor’s Opportunity! Developers Take Note: City Approved Site Plan Plans on a double lote, total size 9,000 sf Modern Project, on a prime piece of land in best Hollywood area, east from us ,1 blocks away from Hollywood Young Circle/ ArtsPark. a few minutes from beaches, 9,000 square feet on a corner lot, with beautiful architecture for 4 TRIPLEX 2500 sf and 8 Parking spots. There is a rented house 1130 sf that can be used as income until all permits are approved or it can be vacant at the closing date.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

1231 N 16th Ct, Hollywood FL 33020

About This Neighborhood

Located in one of Hollywood’s most sought-after neighborhoods, this site benefits from proximity to cultural landmarks such as ArtsPark and the bustling Young Circle area. The neighborhood combines residential comfort with easy access to entertainment, dining, and outdoor activities. Its strategic position just minutes from the beach and downtown makes it an attractive location for future homeowners seeking both convenience and lifestyle.

Walkability & Lifestyle

This location offers excellent walkability with easy access to Hollywood Young Circle, ArtsPark, and nearby shops and restaurants. Residents can enjoy leisurely strolls to local dining, entertainment venues, and green spaces. The proximity to beaches and waterfront areas also supports an active outdoor lifestyle, making daily errands and recreation accessible on foot.

Things To Do Nearby

Residents and visitors can enjoy a variety of activities including cultural events at ArtsPark, dining at diverse local restaurants, and relaxing at nearby beaches. The area supports boating, fishing, and outdoor recreation, with parks and marinas close by. Nightlife options and community events add to the vibrant lifestyle available in this part of Hollywood.

Nearby Schools

The property is situated within a community that offers access to a range of educational institutions. Families considering this location will find convenient options for primary and secondary education nearby, contributing to the area’s family-friendly environment. The neighborhood’s infrastructure supports easy commutes to schools, enhancing daily convenience for residents.

Why Buyers Like This Area

Buyers appreciate this location for its blend of urban convenience and coastal lifestyle. The approved development plans provide a clear path for residential projects, while the neighborhood’s amenities and proximity to the beach enhance quality of life. Easy access to entertainment, shopping, and transportation makes this an appealing choice for those seeking a balanced and convenient living environment.

Investment Potential

This property presents a solid opportunity for developers interested in residential projects within Hollywood’s vibrant community. The approved site plan for four triplexes on a 9,000 sqft lot reduces development uncertainty and streamlines the permitting process. Its location near Hollywood Young Circle and the beach enhances its appeal to potential residents, supporting steady demand. The existing rented house offers interim income, adding flexibility during development phases.

Market Trends

Hollywood’s real estate market continues to attract attention due to its desirable location and community amenities. Properties with development approvals are particularly appealing to buyers looking to build modern residential units. The area maintains steady buyer interest, supported by limited available land and growing demand for housing near key urban centers and recreational spots.

Rental Income Potential

The existing 1,130 sqft house on the property is currently rented, providing a source of income while development plans are finalized. Given the location near popular attractions and beaches, rental demand in the area is generally strong, appealing to tenants seeking convenient access to both urban and coastal amenities. This flexibility adds value for investors considering phased development or interim leasing strategies.