2314 Polk St, Hollywood, FL 33020, MLS A11572661

2314 Polk St

Hollywood, FL 33020

$2,499,000

Active Under Contract

$2,499,000

Active Under Contract

Bedrooms

Bathrooms

N/A

Half Baths

Size Sq. Ft.

302

DOM

2314 Polk St Hollywood, FL 33020

Beds, Baths, Multi Family Sq.Ft.

Save Listing Track Price Changes $ Make Offer

Exceptional investment opportunity in Hollywood, Florida! A 12-unit apartment building promises immediate revenue growth, with units currently leased 35% to 40% below market rates. What sets this property apart is its approved zoning by the City of Hollywood, paving the way for a new 4-floor structure to be built. This expansion would increase income by aligning rents with market rates and adding more units. Positioned in a prime location, the property is conveniently close to the beach, restaurants, shops, nightlife, and highways.

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Listing Summary

Address 2314 Polk St
City Hollywood
County Broward
Zip 33020
Price $2,499,000
Status Active Under Contract
Subdivision
Pets Allowed No
MLS® # A11572661

Property Type Commercial Sale
Property Sub TypeMulti Family
Status Active Under Contract
Square Feet
Year Built 1972
Waterfront No
Maintenance Fees No Info Provided
Taxes $33,050
Tax Year

Contact Agent

2314 Polk St

First Name

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Phone

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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11572661) is provided courtesy of (Apex International Realty, LLC.). The information being provided is 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. Information is deemed reliable but not guaranteed. Data last updated on 04-03-2025. IDX powered by Realty Net Media