Property Description

Rare opportunity to acquire a boutique 7-unit multifamily property a short walk from the beach in Hollywood’s desirable North Beach neighborhood. Currently operating as a short-term rental portfolio with city and state licenses in place, this property offers exceptional flexibility — continue the turnkey hospitality operation, convert to long-term rentals, or pursue future redevelopment.

Property Features: 7 units, all 1-bedroom/1-bathroom layouts, all rehabbed in 2023 with NEW ROOF. One-story building with on-site parking on 6,291 SF lot (0.15 acres). . Zoned NBBD-DZ, offering potential redevelopment opportunities (buyer to verify).

Prime Location — a short walk to Hollywood Beach, the Broadwalk, the Intracoastal Waterway, plus restaurants, cafes, shopping, and entertainment.

Investment Highlights: priced at land value; rental income is buyer upside. Operating short-term rental business with licenses in place. Ideal for boutique hospitality, vacation rentals (subject to local regulations), or a long-term multifamily hold. Redevelopment potential under current zoning — strong potential for 3 townhomes (buyer to verify with the city). The surrounding neighborhood continues to experience significant redevelopment, with luxury residential and boutique hospitality projects driving long-term appreciation. Buyer to verify all information.

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof
Sewer
Address Map
State:
FL
County:
Broward
City:
Hollywood
Zipcode:
33019
Street:
318 Walnut St, Hollywood, Florida 33019
Longitude:
W81° 53' 13.5''
Latitude:
N26° 3' 2.7''
MLS Addon
Construction Materials
Flooring
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
514201027300
Subdivision Name:
HOLLYWOOD CENTRAL BEACH
Tax Annual Amount:
$32,461
Utilities
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Residential Income For Sale

318 Walnut St, Hollywood, Florida 33019, Hollywood, Florida 33019

$3,200,000
MLS # #A12099742
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$3,200,000
Year Built :
1959
MLS # :
A12099742
Agent info
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