FOR SALE

2314 Polk St

Broward, Hollywood Little Ranches, Hollywood, FL

Asking

$2,900,000

BTC

44.771

ETH

1,543.30

Home Size
7,632 sq. ft.
Year Built
1972
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.

LOADING

Location

Market Area
Broward
Neighborhood
HOLLYWOOD LITTLE RANCHES

Agent

Elior Levi

+1 310 910 1722

Contact Email

[email protected]