About This Home

This 0-bedroom, 0-bathroom multi-family at 506 N 56th Ave in Hollywood, FL is listed for $549,000 ($343 per sqft). Built in 1960, the home offers 1,601 sqft of living space on a N/A lot.

Key Features

  • Built in 1960
  • 4 parking spaces

Property Details

1 story
4 spaces
1960

Amenities

A/C
Listing Description

Excellent Investment Opportunity in Hollywood, FL! Vacant duplex offering two 2-bedroom, 1-bath units with approximately 1,601 total sq. ft. of living space. This single-story property is ready for immediate occupancy, making it an excellent opportunity for an investor or owner-occupant looking to live in one unit and rent the other.

BRAND NEW AC and WATER HEATER in BOTH UNITS. NEW ROOF WILL BE INSTALLED BEFORE CLOSING. Property features include impact windows, central A/C, and approximately 4 parking spaces. Conveniently located near shopping centers, restaurants, major roadways, and the Seminole Hard Rock Hotel & Casino.

With both units currently vacant, the new owner has the flexibility to select tenants and establish new leases at current market rents or occupy one unit immediately. No waiting for existing leases to expire. Great opportunity to own an income-producing duplex in a desirable Hollywood location!

Monthly Cost Estimate

$2,936/mo

20% down · 6.5% · 30 years

Principal$397
Interest$2,379
Insurance$160

Estimates only. Actual payments may vary.

Location

506 N 56th Ave

Hollywood, FL 33021

HOLLYWOOD BEACH GARDENS

Property Details

Flooring

Tile - CeramicVinyl

Construction

Block

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 506 N 56th Ave is listed at $549,000 ($343/sqft). The estimated monthly payment is $2,936 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960, 4 parking spaces.

This property is listed by Yvrose Thomas.

YT

Yvrose Thomas

License 3354551

Agent at United Realty Group, Inc

Listed by United Realty Group, Inc · Broker phone: (954) 450-2000 · View on Broker Site · Broker website

MLS# A12078988· Source: Miami REALTORS®· 4 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

506 N 56th Ave, Hollywood, FL 33021

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