9c7423d70447b5d5551c338005f71918_9c7423d70447b5d5551c338005f71918-m1_caf839528d43d787b5d8ab4de2a4e9ba-83dcefb7

9c7423d70447b5d5551c338005f71918_9c7423d70447b5d5551c338005f71918-m2_02d0a5819dd11a69c7402aa466787a59-1ad5be0d

9c7423d70447b5d5551c338005f71918_9c7423d70447b5d5551c338005f71918-m3_a351a54a4efb80cdfda764a479552b3c-6dd28e9b

9c7423d70447b5d5551c338005f71918_9c7423d70447b5d5551c338005f71918-m4_e9948ac4f43fdbdb8c323fcae7838dcd-f3b61b38

9c7423d70447b5d5551c338005f71918_9c7423d70447b5d5551c338005f71918-m5_afd5eb9c39537f0f117e3e863fae7ee6-84b12bae

9c7423d70447b5d5551c338005f71918_9c7423d70447b5d5551c338005f71918-m6_3d741bcaa87d441f0e618a19c4d14a7a-1db87a14

9c7423d70447b5d5551c338005f71918_9c7423d70447b5d5551c338005f71918-m7_337e6676a586c8c97d97a42d1f121061-6abf4a82

9c7423d70447b5d5551c338005f71918_9c7423d70447b5d5551c338005f71918-m8_48cf9efbc48bc3f709b0453097fdcb5d-fa005713

9c7423d70447b5d5551c338005f71918_9c7423d70447b5d5551c338005f71918-m9_e97c026f6167e44d8be208ae42ef137d-8d076785

9c7423d70447b5d5551c338005f71918_9c7423d70447b5d5551c338005f71918-m10_b02d5d9f1b953858b7b81a0fdb46aabc-a15d25e1

1309 N 24th Ave, Hollywood FL 33020 - Duplex Income Property

Duplex with immediate rental income and approved plans for 5 townhomes on a large corner lot near Hollywood Beach.

$725,000

Interested in this property?

Contact our team to schedule a private tour or request additional information about this property.

Schedule a Tour Contact Agent

$ Mortgage Calculator ● WhatsApp

Florida Local Time --:--

MLS #A11902829

Listing Updated: 2026-07-27 06:26:34

Listed By: Realty Home Advisors Inc

Overview

This residential income duplex located at 1309 N 24th Ave in Hollywood, FL, offers a unique opportunity for investors and developers. Built in 1925, the property currently consists of two rented units generating immediate income. It sits on an oversized corner lot of 14,518 sqft, with pre-approved architectural plans for developing five townhomes, each featuring 2 bedrooms plus a den and 2.5 bathrooms. The location is highly convenient, positioned between Fort Lauderdale and Miami, and less than 3.5 miles from Hollywood Beach, providing easy access to downtown Hollywood and local amenities. Ample parking is available, enhancing usability for future residents or tenants.

Property Highlights

Duplex with rental income; Large 14,518 sqft corner lot; Pre-approved plans for 5 townhomes; Close to Hollywood Beach; Between Fort Lauderdale and Miami; Built in 1925; Ample parking.

Property Details

City: Hollywood

State: FL

Zip Code: 33020

Address: 1309 N 24th Ave, Hollywood FL 33020

Year Built: 1925

Property Type: Residential Income

Property Sub Type: Duplex

Listing Office Name: Realty Home Advisors Inc

County: Broward County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $9,983

Days On Market: 221 Days

Original Listing Description

INVESTOR'S DREAM!!! GREAT DEVELOPMENT OPPORTUNITY FOR 5 TOWNHOMES (2BR+DEN/2.5BA EACH) ON THIS OVERSIZED CORNER LOT OF 14,518 SQFT. PRE-APPROVED PLANS. CURRENTLY BOTH UNITS ARE RENTED WITH IMMEDIATE INCOME. AMPLE PARKING. ARCHITECTURAL PLANS ARE READY FOR PACO PRESENTATION (SEE ATTACHED DOCUMENT). THIS PROPERTY IS CONVENIENTLY LOCATED BETWEEN FORT LAUDERDALE AND MIAMI. LESS THAN 3.5 MILES TO HOLLYWOOD BEACH AND MINUTES DRIVE TO DOWNTOWN HOLLYWOOD CIRCLE

Property Location

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

1309 N 24th Ave, Hollywood FL 33020

About This Neighborhood

Located in Hollywood, FL, this property benefits from a vibrant neighborhood known for its coastal charm and accessibility. The area offers a mix of residential and commercial developments, providing a balanced urban lifestyle. Residents enjoy easy access to beaches, parks, dining, and entertainment options. The neighborhood's proximity to major highways and public transportation links makes commuting to Fort Lauderdale or Miami straightforward. This blend of convenience and lifestyle amenities makes the location attractive for both renters and homeowners seeking a well-connected community.

Walkability & Lifestyle

This property's location offers good walkability to local amenities such as restaurants, shops, and entertainment venues. Residents can enjoy nearby parks and recreational areas, while Hollywood Beach is just a short drive away for waterfront activities. The neighborhood's layout supports convenient daily living with access to public transportation and major roads, making it easy to explore surrounding areas or commute to nearby cities.

Things To Do Nearby

Living near Hollywood Beach provides residents with numerous lifestyle options including beach outings, boating, and water sports. The area features a variety of dining establishments, cultural attractions, and nightlife options. Outdoor enthusiasts can enjoy parks, golf courses, and marinas in the vicinity. The community's vibrant atmosphere offers diverse recreational activities suitable for all ages and interests.

Nearby Schools

The Hollywood area offers access to a variety of educational institutions, including public and private schools catering to different grade levels. Families living nearby benefit from convenient school options within reasonable commuting distances. The community's educational infrastructure supports residents seeking quality schooling for children, contributing to the neighborhood's appeal for long-term residents and renters alike.

Why Buyers Like This Area

Buyers are drawn to this property for its combination of income potential and development opportunity. The location between Fort Lauderdale and Miami offers convenient access to major urban centers while maintaining proximity to the beach. The large corner lot and pre-approved plans add significant value for those interested in expanding or redeveloping the site. The established rental income and ample parking further enhance the property's appeal for investors and homeowners seeking flexibility and convenience.

Investment Potential

This duplex offers a promising opportunity for investors interested in residential income properties with development potential. The current rental units provide immediate cash flow, while the pre-approved plans for five townhomes on the large corner lot allow for future expansion or redevelopment. Its strategic location between Fort Lauderdale and Miami, along with proximity to Hollywood Beach, increases its appeal to tenants and buyers looking for convenient coastal living. The ample parking and corner lot size add flexibility for various uses, making it a versatile asset in the Hollywood real estate market.

Market Trends

Hollywood's real estate market remains active with steady demand for residential properties, especially those offering rental income and redevelopment opportunities. The area's desirable location near the coast and between two major cities supports sustained interest from buyers and investors. Inventory levels tend to favor well-priced properties with development potential, like this duplex with approved plans for townhomes. Market trends indicate a balanced environment where properties with unique features and strategic locations continue to attract attention from diverse buyer segments.

Rental Income Potential

The property currently generates rental income from two occupied units, providing immediate cash flow for owners. Its location near Hollywood Beach and between Fort Lauderdale and Miami enhances tenant appeal, attracting both short-term and long-term renters. The potential to develop additional townhomes on the site could increase rental opportunities and diversify income streams. The ample parking and large lot size support tenant convenience and property usability, factors that contribute positively to rental demand in this area.