Hollywood Little Ranches, 2314 Polk St, Hollywood, FL 33020

7,632SqFt

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Details

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Status:
Active
Size: 7,632 SqFt (709 m2)
Price: $380/SqFt ($4,090/m2)
Type: Multi Family
Built: 1972
MLS Number: A11847092
On Site: 8 Days
Updated: 8 Days ago
Page Views: 0
We are pleased to present 2314 polk st, a fully occupied 13-unit multifamily asset just minutes from young circle and downtown hollywood. The property features ten 1-bed units, two 2-bed units, and one studio—offering strong rental stability and demand. Recent upgrades include a new roof, central a/c, exterior paint, landscaping, and several renovated interiors. Additional income comes from coin laundry, and there is ample on-site parking. All leases are month-to-month with rents ~33% below market, allowing immediate upside. The property operates at a 5.5% cap rate with a 7% pro forma. Sitting on a 20,000 sf lot with favorable zoning, the site allows redevelopment of up to 37 units—making this a prime opportunity for investors and developers.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Other,Tile,Vinyl
        • Year Built: 1972
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-08-03T11:40:59.000-00:00
          Taxes, Fees & More
          • Taxes: 36984

          Price History

          07/25/2025

          Date

          Listed

          Event

          $2.9M

          Price

          $380 ft2 / $4,090 m2

          Price Per

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

          Listed by Elior LeviFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $200/ft²
          $400/ft²
          $700/ft²

          Unit 2314 Polk St – Asking

          $380/ft²

          (+5%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $363/ft²
          Community $/Price Range (Closed) $194/ft² – $547/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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