506 N 56th Avenue, Hollywood, FL 33021 (MLS# A12078988)

506 N 56th Avenue, Hollywood, FL 33021

$539,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12078988

Property Type: Residential Income Square Footage: 1,601 Status: Active Under Contract

Current Price: $539,000 List Date: 8/26/2026 Last Modified: 9/24/2026

Overview

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.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!

Listing Details MLS# A12078988

General Property Information

Property Sub Type: Duplex
Building Area Main: 1601
Living Area Main: 1601
Adjusted Area Main: 1601
Year Built: 1960
Parking Total: 4
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: None Flooring: Ceramic Tile; Vinyl Property Condition: Resale Structure Type: Duplex Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; FHA; FHA-VA Approved Possession: Close Of Escrow Roof: Shingle Sewer: Septic Tank Tax Information: Tax Reflects No Exemptions Utilities: Cable Not Available Showing Requirements: Lockbox; No Appointment Contingencies: Inspection Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 539000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 506
Street Direction Prefix: N
Street Name: 56th
Street Suffix: Avenue
City Name: Hollywood
State Or Province: FL
Postal Code: 33021
Postal Code +4: 5702
Postal Zip: 33021
Subdivision Name: HOLLYWOOD BEACH GARDENS
Area: 3070
Geographic Area: HWCE - Hollywood Central (3070-3100)
Elementary School: West Hollywood
Middle Or Junior School: Olsen
High School: South Broward
Parcel Number: 514113022700
Subdivision Number: 2
Zoning: RM-9
Flood Zone: X
Directions: From Hollywood Blvd, head north on N 56th Ave. Property is located at 506–508 N 56th Ave, Hollywood, FL 33021. Use GPS for most accurate directions.

Financial Information

Tax Annual Amount: 9306
Tax Year: 2025
Tax Legal Description: HOLLYWOOD BEACH GARDENS CORR PLAT 10-14 B LOT 29,30 BLK 24

Status Change Information

Major Change Timestamp: 2026-09-22T18:46:17Z
Major Change Type: Status Change
Status Change Date: 2026-09-22
Under Contract Type: Active Under Contract
Under Contract Date: 2026-09-20

More Information

Price Calculations

Current Price To SqFt: 336.66

Section Details

Parcel Number MLX: 2700

Originating Details

Originating System Key: 560276342
Originating System ID: M00000151

Listing Office: United Realty Group Inc

Last Updated: September - 24 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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