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+5 photosLuxury home — 1109 N 61st Avenue · Hollywood
$995,000
1109 N 61st Avenue, Hollywood, FL 33024
Hollywood, FL, 33024
— bd · — ba · — sqft
Listed by RE/MAX FIRST
1109 N 61st Avenue, Hollywood, FL 33024
Listed by RE/MAX FIRST
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Estimated monthly payment
$6,843/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $6,843/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: X · verify insurance quotes before buying.
About this home
Find similar homesA rare opportunity to acquire a fully cleared, development-ready site in the City of Hollywood with shovel-ready, fully approved plans for a 14-unit residential building. Approvals are in hand and the plans have been value-engineered for efficient, cost-controlled construction, allowing a buyer to break ground without the time, expense, and uncertainty of the entitlement process. The 14,171 SF C-MU parcel sits within Hollywood city limits and is currently assessed as vacant residential land. The approved program delivers 10,444 square feet of net rentable area across three floors, with an efficient mix weighted toward two-bedroom units and 24 on-site parking spaces. Every unit is designed with central air conditioning, impact-rated windows and doors, tile flooring, and a fully equipped kitchen, producing a durable, low-maintenance asset well suited to South Florida operating conditions. A rare opportunity to acquire a fully cleared, development-ready site in the City of Hollywood with shovel-ready, fully approved plans for a 14-unit residential building. Approvals are in hand and the plans have been value-engineered for efficient, cost-controlled construction, allowing a buyer to break ground without the time, expense, and uncertainty of the entitlement process. The 14,171 SF C-MU parcel sits within Hollywood city limits and is currently assessed as vacant residential land. The approved program delivers 10,444 square feet of net rentable area across three floors, with an efficient mix weighted toward two-bedroom units and 24 on-site parking spaces. Every unit is designed with central air conditioning, impact-rated windows and doors, tile flooring, and a fully equipped kitchen, producing a durable, low-maintenance asset well suited to South Florida operating conditions.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
91 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $6,843/mo
1109 N 61st Avenue, Hollywood, FL 33024 · Hollywood
Location
1109 N 61st Avenue, Hollywood, FL 33024
What buyers ask about this home
What are the estimated monthly carrying costs at 1109 N 61st Avenue, Hollywood, FL 33024?+
Property tax (after sale): $1,266/month est.; homeowners insurance: $415/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,680/month est. Principal and interest: $5,163/month; PMI: $0/month. Total for the payment scenario shown: $6,843/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1109 N 61st Avenue, Hollywood, FL 33024?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1109 N 61st Avenue, Hollywood, FL 33024 need flood insurance, and what drives the premium?+
Most of Hollywood sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1109 N 61st Avenue, Hollywood, FL 33024?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 1109 N 61st Avenue, Hollywood, FL 33024?+
This listing has been on the market 91 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Hollywood, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
West Hollywood Elementary School
Elementary · 0.7 mi from this home · 6301 Hollywood Blvd, Hollywood
Zone boundaries published by Broward County Public Schools.
Other options for this address
Championship Academy Of Distinction At Hollywood
Elementary · Charter · Grades PK–5 · Hollywood
Championship Academy Of Distinction Middle School
Middle school · Charter · Grades 6–8 · Hollywood
Sheridan Hills Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Hollywood
Aukela Christian Military Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · West Park
Love Outreach Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades 4–12 · Miramar
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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