Property Description

We’re pleased to present a rare shovel-ready development opportunity in the heart of Downtown Hollywood. This fully entitled 20,500 SF MC-1 zoned lot comes with approved construction plans and permits for a 3-story, 30-unit multifamily building. The project includes a mix of spacious 1- and 2-bedroom units, a rooftop deck with open-air pool, landscaped green space with BBQ area, and 42 covered parking spaces plus bicycle parking. With conventional financing, an investor could achieve 111% of Net Investment Return. Located just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, this site offers unbeatable access to restaurants, arts, transit (US-1, I-95), and year-round coastal lifestyle. All reports completed — geotechnical, zoning, site plan approval — allowing a buyer to close with permits in hand and begin construction immediately.

Features
Sewer
Address Map
State:
FL
County:
Broward
City:
Hollywood
Zipcode:
33020
Street:
2455 Polk St, Hollywood, Florida 33020
Longitude:
W81° 50' 38.9''
Latitude:
N26° 0' 45.2''
MLS Addon
Cumulative DOM:
305
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
LotSize Dimensions:
100x205
Parcel Number:
514216016470
Subdivision Name:
HOLLYWOOD LITTLE RANCHES
Tax Annual Amount:
$17,186
Utilities
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Land For Sale

2455 Polk St, Hollywood, Florida 33020, Hollywood, Florida 33020

20,515 Sqft
$2,174,500
MLS # #A12056911
Basic Details
Property Type :
Land
Listing Type :
For Sale
Price :
$2,174,500
Lot Area :
20,515 Sqft
MLS # :
A12056911
Agent info
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