2314 Polk St, Hollywood, FL 33020 - MLS#A11847092 - Ricky F

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Aug

Sun

Aug

Mon

Aug

Ricky F

[email protected] +1(305) 747-5117

$2,900,000

Est. payment - /mo

7,632 SqFt

Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,632 sqft

Price per Sqft $379

Subdivision Hollywood Little Ranches

MLS Listing ID A11847092

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1972

Annual Tax Amount $36,984

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

We are pleased to present 2314 Polk St, a fully occupied 13-unit multifamily asset just minutes from Young Circle and Downtown Hollywood. The property features ten 1-bed units, two 2-bed units, and one studio—offering strong rental stability and demand. Recent upgrades include a new roof, central A/C, exterior paint, landscaping, and several renovated interiors. Additional income comes from coin laundry, and there is ample on-site parking. All leases are month-to-month with rents ~33% below market, allowing immediate upside. The property operates at a 5.5% cap rate with a 7% pro forma. Sitting on a 20,000 SF lot with favorable zoning, the site allows redevelopment of up to 37 units—making this a prime opportunity for investors and developers.

Location

State FL

County Broward

Community Hollywood Little Ranches

Area 3050

Interior

Heating Central

Cooling Central Air

Flooring Other, Tile, Vinyl

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 18

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Brick,Block

Construction Status Resale

Others

Tax ID 514216013280

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11847092

Read Less Info

Listed by Fausto Commercial Realty Consultants Inc

Get More Information

Ricky F

+1(305) 747-5117

CEO ~ Global Luxury Consultant

Quick Search

2314 Polk St Hollywood, FL 33020

Ricky F

Key Details

Location

Interior

Exterior

Building

Others

Get More Information