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Hollywood Little Ranches, 2243 Polk St #1-10
Land in Hollywood, FL 33020

Overview Features True Comps Price History Payment Location Similar Homes

$3,600,000

Estimate Payment

0.92

Acre

Status

Active

Size

0.92 Acres (3,723 m²)

Price

$3,913,043/Acre ($967/m²)

Type

Land

MLS Number

B26035431

View

Garden

On Site

7 Days

Updated

4 Days ago

Page Views

REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 40,200 SF, three parcel assemblage containing a 10plex, a 3plex and a single family home. It is estimated that the sites highest and best use is a 90 residential development in close proximity to the urban redev... Read more

Features

All features

Current Use: Investment
Approx SqFt Total Area: 40075.2
Property SqFt: 40075.2
Remarks: REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 40, 200 SF, three parcel assemblage containing a 10plex, a 3plex and a single family home. It is estimated that the sites highest and best use is a 90 residential development in close proximity to the urban redevelopment core of downtown Hollywood. For qualified purchasers, the seller will consider providing a purchase money mortgage with a below market interest rate with a 40% down payment. Hollywood's Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County's Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. The city has quietly become one of Sout REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 40, 200 SF, three parcel assemblage containing a 10plex, a 3plex and a single family home. It is estimated that the sites highest and best use is a 90 residential development in close proximity to the urban redevelopment core of downtown Hollywood. For qualified purchasers, the seller will consider providing a purchase money mortgage with a below market interest rate with a 40% down payment. Hollywood's Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County's Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. The city has quietly become one of South Florida's most active urban infill redevelopment markets, driven by public infrastructure investment, transit accessibility, favorable zoning, and a growing pipeline of mixed-use and multifamily projects. More than 3, 500 residential units have been approved or are under construction in and around Downtown Hollywood and its major corridors, creating a critical mass that is reshaping the city's urban core. The subject property provides a $321, 276 gross income and a $180, 655 NOI. Positioned in the Path of South Broward's Urban Renaissance Downtown Hollywood has emerged as one of South Florida's most compelling redevelopment markets, offering a unique combination of favorable zoning, strong rental demand, and land values that remain attractive relative to more mature urban cores such as Brickell, Wynwood, Downtown Fort Lauderdale, and Flagler Village. Driven by a growing population of young professionals, healthcare workers, hospitality employees, airport-related businesses, and Miami commuters seeking affordability, the area continues to experience sustained multifamily demand. Combined with the walkability of Young Circle, ArtsPark, downtown dining and entertainment, and proximity to Hollywood Beach, the district offers the lifestyle amenities increasingly sought by today's renters. Equally significant is the ongoing transformation occurring immediately south along the Federal Highway corridor in Hallandale Beach. As new mixed-use, multifamily, hospitality, and commercial developments continue to reshape Hallandale's urban core, the redevelopment momentum between Downtown Hollywood and Aventura is creating a continuous South Broward growth corridor.
REO: Standard
Internet Remarks: REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 40, 200 SF, three parcel assemblage containing a 10plex, a 3plex and a single family home. It is estimated that the sites highest and best use is a 90 residential development in close proximity to the urban redevelopment core of downtown Hollywood. For qualified purchasers, the seller will consider providing a purchase money mortgage with a below market interest rate with a 40% down payment. Hollywood's Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County's Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. The city has quietly become one of Sout REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 40, 200 SF, three parcel assemblage containing a 10plex, a 3plex and a single family home. It is estimated that the sites highest and best use is a 90 residential development in close proximity to the urban redevelopment core of downtown Hollywood. For qualified purchasers, the seller will consider providing a purchase money mortgage with a below market interest rate with a 40% down payment. Hollywood's Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County's Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. The city has quietly become one of South Florida's most active urban infill redevelopment markets, driven by public infrastructure investment, transit accessibility, favorable zoning, and a growing pipeline of mixed-use and multifamily projects. More than 3, 500 residential units have been approved or are under construction in and around Downtown Hollywood and its major corridors, creating a critical mass that is reshaping the city's urban core. The subject property provides a $321, 276 gross income and a $180, 655 NOI. Positioned in the Path of South Broward's Urban Renaissance Downtown Hollywood has emerged as one of South Florida's most compelling redevelopment markets, offering a unique combination of favorable zoning, strong rental demand, and land values that remain attractive relative to more mature urban cores such as Brickell, Wynwood, Downtown Fort Lauderdale, and Flagler Village. Driven by a growing population of young professionals, healthcare workers, hospitality employees, airport-related businesses, and Miami commuters seeking affordability, the area continues to experience sustained multifamily demand. Combined with the walkability of Young Circle, ArtsPark, downtown dining and entertainment, and proximity to Hollywood Beach, the district offers the lifestyle amenities increasingly sought by today's renters. Equally significant is the ongoing transformation occurring immediately south along the Federal Highway corridor in Hallandale Beach. As new mixed-use, multifamily, hospitality, and commercial developments continue to reshape Hallandale's urban core, the redevelopment momentum between Downtown Hollywood and Aventura is creating a continuous South Broward growth corridor.
View: Garden
Waterfront: No info
Directions: South
Days on Market: 3
Office Name: Media Realty
Taxes: 39086.93
Tax Year: 2025
Listing Date: 2026-06-01T16:47:00.000-00:00
Lot Size Square Feet: 40075.2

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Price History

06/01/2026

Date

Listed

Event

$3.6M

Price

$90 ft² / $967 m²

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Peter Dacko • Media Realty • Buyer Agency Compensation .

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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