1 year on rocket

507 N 61st Ave, Hollywood, FL, 33024

$795,500

Home List Price

$9,447*

Closing Credit

0 Baths
1,175 SqFt
$677/SqFt
Multi
Schools Nearby

Location

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507 N 61st Ave, Hollywood$795,500

Buyer Closing Credits

$9,447*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1959
HeatingCentral, Electric
CoolingElectric
MLS #A11298014
StatusActive

About 507 N 61st Ave

Attention investors! this property sits on a 13,000 sf lot, zoning C-MU, where as of right 22 residential units could be built. Please refer to the city and zoning code for information. The duplex has been entirely remodeled and includes new kitchen, new roof, new bathrooms, new A/C, freshly painted. Property brings $4000 a month, tenants pay all the utilities. The property will only be shown with an executed contract with escrow in place. Realtor/buyer to perform its own due dilligence, information here is for reference only.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,175 SqFt

Listing Office:

  • Office Name: Nancy Gaggino R.E. Broker
  • Office Phone: (443) 627-3456
  • Listing Agent: Nancy Gaggino

Interior Features

Interior Information:

  • Flooring Type: Terrazzo

Virtual/3D Tour

  • Virtual Tour: 507 N 61st Ave

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Electric

School Info

Assigned Schools Information:

  • McArthur High School, Public District Grades 9-12
  • Apollo Middle School, Public Magnet Grades 6-8
  • West Hollywood Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,500
  • Price Per SqFt: $677/SqFt

Tax Information:

  • Annual Amount: $1,457
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Hollywood, FL.

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Hollywood, FL

City

Med. Sold Price

$474.5K

Med. Price/SqFt

$350

Avg. Days On Market

59

# of Sold Homes

118

507 N 61st Ave vs Hollywood

544 DAYS ON ROCKET

+485 Days

$795,500

+$320.9K More

$677/SqFt

+$326 More

KEY TAKEAWAY

This property is $320.9K more than the Median Sold Price and $326/SqFt more than other homes in Hollywood, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11298014

Listing Office:

  • Office Name: Nancy Gaggino R.E. Broker
  • Office Phone: (443) 627-3456
  • Listing Agent: Nancy Gaggino

IDX © 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 10:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,457$121,040
2019$1,339$118,320
2018$1,241$116,120
2017$1,241$113,740

History based on county public records data.

Payment Calculator

$4,038

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,451

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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.

Elementary School

school-card-donut-4142969
4
/10

  • West Hollywood Elementary School

  • 6301 Hollywood Blvd

  • 0.35 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4142970
3
/10

  • Apollo Middle School

  • 6800 Arthur St

  • 1.07 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4142971
3
/10

  • McArthur High School

  • 6501 Hollywood Blvd

  • 0.41 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,793. The most common annual income of people living in Hollywood, FL is less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Broward County›Hollywood›33024›507 N 61st Ave

This home is located at 507 N 61st Ave in Hollywood, FL and zip code 33024 in the 441 Corridor neighborhood. This 1,175 square foot home was built in 1959. It has been listed on Rocket Homes since November 04, 2022 and is currently priced at $795,500.

Hollywood, FL housing market in March 2024 saw over 14 listings sold above listed price, more than 16 sold at listed price and over 88 sold below. The inventory of homes for sale in Hollywood, FL between February 2024 and March 2024 increased by 12.8%. While the average time on the market in March 2024 was 59 days, the median list price was $474,508.

From Rocket Homes Real Estate and based on county public records data.

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