14
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$2,174,500
Est. payment /mo
0.47 Acres Lot
New
2455 Polk St Hollywood, FL 33020
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Hollywood Little Ranches
MLS Listing ID A12056911
HOA Y/N No
Annual Tax Amount $17,186
Tax Year 2024
Lot Size 0.470 Acres
Acres 0.47
Lot Dimensions 100x205
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.
Location
State FL
County Broward
Community Hollywood Little Ranches
Area 3050
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available
Street Surface Paved
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 514216016470
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12056911
Listed by Trybal Group LLC
NEARBY SCHOOL & BUSINESS
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