Cleveland Terrace Homes with False HOPA

Cleveland Terrace Homes with False HOPA

Welcome to Cleveland Terrace, an enchanting subdivision nestled in the heart of Florida, where serene living meets vibrant community spirit. This charming neighborhood boasts a unique blend of modern amenities and classic Florida charm, making it an ideal destination for families, retirees, and everyone in between.

Cleveland Terrace is characterized by its picturesque streets lined with beautifully maintained homes, offering a variety of architectural styles that cater to diverse tastes. The community is known for its welcoming atmosphere, where neighbors become friends and everyone feels at home. With a strong sense of community, residents often gather for local events and activities, fostering connections and creating lasting memories.

One of the standout features of Cleveland Terrace is its homes that are classified as “False HOPA” (Housing for Older Persons Act). This designation allows for a vibrant mix of ages within the community, promoting a dynamic and inclusive environment. Whether you’re looking to downsize, find your first home, or enjoy the perks of living in a community that welcomes all generations, Cleveland Terrace offers something for everyone.

Conveniently located near shopping centers, parks, and recreational facilities, residents have easy access to everything they need. Enjoy leisurely strolls through beautifully landscaped parks, or take advantage of the nearby recreational amenities for an active lifestyle.

Experience the charm of Cleveland Terrace, where community, comfort, and convenience come together to create a truly special place to call home. Discover your dream home in this delightful subdivision today!

Newest Cleveland Terrace Homes with False HOPA

$3,500,000
A12033783 MLS ⋅ 33145 Zip Code ⋅ Cleveland Terrace BLDG.
Fully renovated fourplex located at 2369 SW 17th Terrace, Miami, FL 33145, offering an exceptional investment opportunity in one of Miami's most desirable rental markets. The property is currently producing approximately $10,000 per month in gross rental income, with additional revenue generated through an on-site laundry facility, creating strong and diversified cash flow. The building has undergone extensive renovations, providing a turnkey asset with minimal deferred maintenance and strong tenant appeal. Its central location offers convenient access to Coral Gables, Brickell, Downtown Miami, major highways, shopping, dining, and employment centers, supporting consistent rental demand and long-term value appreciation. A major advantage of this property is the future development potential. Ownership is currently in the permitting process for the construction of an additional fourplex on the site. Permits are progressing through final review, and construction is expected to begin upon approval. Once completed, the new fourplex is projected to generate an additional $10,000 per month in rental income, potentially increasing total gross income to approximately $20,000 per month. This is a unique opportunity for investors seeking immediate cash flow, future income growth, and long-term appreciation through an active expansion project already in progress. Ideal for portfolio investors, 1031 exchange buyers, or those looking to capitalize on Miami's strong multifamily market.

2369 Sw 17th Ter, Miami
$780,000
2 Beds ⋅ 1 Baths ⋅ A11999148 MLS ⋅ 33020 Zip Code ⋅ Cleveland Terrace BLDG.
Investor-friendly Hollywood opportunity with real upside. This 2BR/1BA sits on a corner lot with rear alley access on a 9,038 SF lot. Home can support smarter site planning and access/parking options (subject to approvals). The existing home already checks the “big-ticket” box: impact windows, 2023 A/C + new ducts, full electrical rewire + new panel, new plumbing, new fence, and an updated kitchen. 200 SF utility shed adds extra functional space for storage, tools, or a workshop. value-add strategies such as expansion, pool/outdoor living, or a redevelopment concept, including a multi-residence/multi-unit idea if permitted. Buyer to verify zoning, setbacks, density, lot coverage, parking, and all permitted uses with the City of Hollywood and complete due diligence prior to closing.

Hollywood
$2,999,999
A11976490 MLS ⋅ 33020 Zip Code ⋅ Cleveland Terrace BLDG.
Income-producing opportunity in the heart of Hollywood. This 2020 newer construction 4-plex offers four spacious townhomes, each thoughtfully designed to attract strong, stable tenants. Every unit features 3 bedrooms and 3.5 bathrooms, along with a private 1-car garage. Interiors include custom kitchens with stainless steel appliances, wood flooring throughout, full-size washer and dryer, and en-suite bedrooms with generous walk-in closets. Located just east of US-1 and minutes from shops, Downtown Hollywood, and the beaches, this property combines modern comfort with unbeatable convenience. All units are currently leased, allowing investors to step into immediate cash flow with a high-quality, low-maintenance asset. **PLEASE NOTE THESE UNITS ARE 4 SEPERATE FOLIOS BEING SOLD AS BUNDLE** NO ASSOCIATION.

1501 N 17th Ave, Hollywood
Start Your Search