$780,000

Estimated payment $5,112/month

Total Views 56
-- Bed
-- Bath
2,002 Sq Ft
$390 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY! Rare 14,000 SF lot with highly flexible C-MU (Commercial Mixed-Use) zoning, offering outstanding development potential and allowing for a wide variety of uses, including residential, lodging, office, commercial, civic, educational, industrial, and more.
The property offers the potential to develop up to 11 residential units or 16 units combining residential & commercial! This has been verified with the City of Hollywood (see "Zoning Verification Letter" in the attachments)! The owner has considered developing ten spacious 3-bedroom/2-bath townhomes. Preliminary plans and projected ROI information are available in the attachments for review.
An excellent opportunity for investors, builders, and developers looking for a versatile site with multiple potential development and exit strategies.
Contact Listing Agent for additional information, zoning details, plans, and supporting documentation. For showings, please use Showing Assist through the MLS.

Listing Agent

Gustavo Turtula

Turtula & Associates Realty License #3105963 Listed on: 06/19/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,899

Year Built

  • Built in 1952

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Flat Roof with Façade front

Interior Spaces

  • 2,002 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Gracewood Condos
  • Gracewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514113050610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,899

Year Built

Built in 1952

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: GRACEWOOD
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 780000
  • InternetRemarks: EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY! Rare 14,000 SF lot with flexible C-MU zoning (Commercial Mixed-Use)! Great development potential!
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2002
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: Concrete Block Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRACEWOOD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514113050610
  • Zoning: C-MU

Rental Info

  • Rent Includes: None, Sewer, Trash Collection

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9899

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $9,899 $484,050 $83,970 $400,080
2025 $8,804 $419,910
2024 $8,575 $399,920 $83,970 $315,950
2023 $8,575 $374,630 $0 $0
2022 $7,789 $340,580 $0 $0
2021 $7,069 $309,620 $107,720 $201,900
2020 $6,511 $283,210 $107,720 $175,490
2019 $6,479 $277,980 $107,720 $170,260
2018 $5,947 $259,420 $107,720 $151,700
2017 $5,588 $238,410 $0 $0
2016 $5,224 $216,740 $0 $0
2015 $4,803 $197,040 $0 $0
2014 $4,474 $179,130 $0 $0
2013 -- $162,850 $107,720 $55,130
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2026 06/19/26 For Sale $780,000 +51.5% $390 / Sq Ft
09/16/2025 09/16/25 Sold $515,000 -1.9% $257 / Sq Ft View Prior Sale
05/28/2025 05/28/25 For Sale $525,000 -- $262 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $515,000 Counselors Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $501,602 FHA
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A12067634

MIAMI REALTORS® MLS

APN: 51-41-13-05-0610

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