2455 Polk St, Hollywood FL 33020
Commercial Land at HOLLYWOOD LITTLE RANCHES in Hollywood
$2,174,500
Listing courtesy of Trybal Group LLC; Mike Kaplun. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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Commercial Land
Details
Overview
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.
This home located at 2455 Polk St, Hollywood FL 33020 is currently for sale and it is a new listing on Brickellsold listed today. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. 2455 Polk St, Hollywood FL 33020 is in Hollywood county Broward County.
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- Subdivision: HOLLYWOOD LITTLE RANCHES
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