SITE PLAN APPROVED! Prime development opportunity in the heart of Hollywood! This 8,000 sqft corner lot comes with a ready-to-go approved site plan for a 4-story building. Plans include 11,700+ sqft under A/C, featuring 12 one-bedroom units and 14 parking spaces. Located just off Hollywood Blvd, near Young Circle, and only 2.8 miles to the beach. A half-mile from Ben Gamla Charter School, this property combines convenience, growth potential, and strong ROI. Don’t miss this chance to invest in Hollywood’s future! The Best Part? The current house has a tenant paying $2,700 a month so you don't have to incur expenses while preparing to build.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,057
Per Month
Principal & Interest
$5,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,664
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Sunshine Elementary Charter School
502 N 28th Ave
Distance between this listing and this school0.69 miles
Public Charter Grades KG-5
2
/10
Colbert Elementary School
2701 Plunkett St
Distance between this listing and this school0.70 miles
Public Magnet Grades PK-5
3
/10
Hollywood Central Elementary School
1700 Monroe St
Distance between this listing and this school0.78 miles
Public District Grades KG-5
Nearby Schools
9
/10
Ben Gamla Charter School
2620 Hollywood Blvd
Distance between this listing and this school0.36 miles
Public Charter Grades KG-8
7
/10
Ben Gamla Charter School North Campus
2620 Hollywood Blvd
Distance between this listing and this school0.36 miles
Public Charter Grades KG-8
10
/10
Beachside Montessori Village
2230 Lincoln St
Distance between this listing and this school0.50 miles
Public Magnet Grades PK-8
Nearby Schools
4
/10
The Ben Gamla Preparatory Academy
2650 Van Buren St
Distance between this listing and this school0.36 miles
Public Charter Grades 6-12
7
/10
Paragon Academy of Technology
502 N 28th Ave
Distance between this listing and this school0.69 miles
Public Charter Grades 6-12
6
/10
Avant Garde Academy of Broward
2025 McKinley St
Distance between this listing and this school1.15 miles
The neighbors living near this home have an average income of $38,636. The most common annual income of people living in Hollywood, FL is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 307 S 24th Ave
What is the listing price of this property?
The listing price of 307 S 24th Ave property is $1,200,000.
What type of property is this?
The property 307 S 24th Ave is land located in Hollywood, Florida, 33020.
Is this property for sale now?
Active Listing: 307 S 24th Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,727 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 307 S 24th Ave in Hollywood, FL and zip code 33020 in the Highland Garden neighborhood. This home sits on a 0.18 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,200,000.
Hollywood, FL housing market in November 2024 saw over 10 listings sold above listed price, more than 12 sold at listed price and over 80 sold below. In November 2024 in Hollywood, FL there were 9.4% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $483,177, while the average time on the real estate market was 87 days.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Burlington
H&M
Foot Locker
White Castle
Boston Market
Popeyes
Kia
Honda
Nissan
Urban Adult Contemporary
Rhythmic Contemporary Hits