See Home Value
$1,983,974*
Land - Off Market

524-600 N State Road 7

Hollywood, FL 33021
bedrooms
Studio
bathrooms
0 Bath
$1,755,000 - $2,145,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold Jun 13, 2019
$450,000
$360,000 by Marquis Bank
Mortgage Due Jun 12, 2029

About This Property

23,698 SF Assemblage providing 175-ft of direct frontage on 441 alongside Dunkin Doughnuts and minutes to the Hard Rock with TOC entitlements! Zoned CM-U which permits most commercial uses including retail with drive-thru. Entitlements allow for a Mixed-use development up to 50-units per acre with ground floor retail. Prime location minutes to the Turnpike and the Hard Rock Hotel & Casino. The existing structures have been demolished paving the way for future development. Seller is open to land lease and owner-financing.
Unit Size
-
Days on Market
-
Land Size
0.54 acres
Price per sqft
-
Property Type
Land
Property Taxes
$951
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Apr 30, 2023 No longer available -
No longer available
May 10, 2022 Listed $1,950,000
Listed
May 7, 2022 No longer available -
No longer available
Feb 2, 2022 Relisted $2,100,000
Relisted
Jan 28, 2022 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1959
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,298
  • Total Building Area: 1,535
  • Gross Building Area: 1,535
  • Building Area: 1,535
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,535
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Vacant
  • Subdivision: GRACEWOOD PARK 25-21 B
  • Land Acres: 0.214
  • Standard Land Use Code: Commercial-vacant land
  • State Land Use Code: Pipeline or right-of-way
  • Legal Description 1: GRACEWOOD PARK 25-21 B LOTS 6 AND 7 BLK 1

Ownership

  • Current Owner : PRODUCTS AND MORE INC
  • Previous Owner : JOHNSON MERLE ROXY
  • Previous Owner 2: SWANSON PAUL
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 26, 2024

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 091100

Zoning

  • Zoning: C-MU

Geography

  • Assessors Map Reference: 260
  • District: 0513
  • Parcel: 51-41-13-16-0060
  • Block: 1
  • Lot: 6,7
  • Meridian: SEC 13 TWN 51S RNG 41E
  • Municipality: HOLLYWOOD
  • Latitude: 26.0148
  • Longitude: -80.2081

    Address

  • Full Address: 524 N State Road 7
  • Address - House Number: 524
  • Street Direction: N
  • Address - Street Name: State Road 7
  • State: FL
  • City Name: Hollywood
  • Carrier Code: C024
  • 4-Digit Zip Code: 6203
  • Zip Code: 33021

Valuation

    Tax

  • Total Area: 776
  • Tax Year: 2023
  • Tax Amount: $4,154
  • Tax Rate Code Area: 0513

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: MARQUIS BANK
  • First Open Lien Mortgage Recording Date: Jun 13, 2019
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 12, 2029

    Market Valuation

  • Market Total Value: $325,430
  • Market Land Value: $325,430

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $151,200

    Sales

  • Current Sale Contract Date: Jun 12, 2019
  • Current Sale Recording Date: Jun 13, 2019
  • Current Sale Transaction ID: 11612290432
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 115868394

    Last Sale Mortgage

  • First Mortgage Lender: MARQUIS BANK
  • First Mortgage Transaction Date: Jun 13, 2019
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jun 12, 2029



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About 441 Corridor


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Frequently Asked Questions

When was property at 524 North State Road 7 built and last sold?
The property at 524 North State Road 7 was built in 1955 and last sold on Jun 12, 2019 for $450,000.
How much is this home worth?
The estimated value of the home located at 524 North State Road 7 is $1,969,500.
What are some comparable homes to 524 North State Road 7?
There are currently no comparable homes to 524 North State Road 7.

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