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Multifamily in Hollywood, FL 33020Hollywood Little Ranches, 2314 Polk St
Closed
$2,900,000
Beds
7,632
SqFt$380
$/SqFtSold - Mar 12, 2026
Premium Multifamily
Built in 1972
Fourplex
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.
MLS Number: A11847092
On Site: 437 Days
Updated: 48 Days ago
Page Views: 0
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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
Apples-to-Apples Comparables
Price History
Current
$2.9M
High
$2.9M
Low
$2.9M
Total Change
0%Date
Event
Price
Change
Price Per
03/12/2026
Sold
$2.9M
0%$380 ft2
$4,090 m2
07/25/2025
Listed
$2.9M
$380 ft2
$4,090 m2
03/12/2026
$2.9M
Event
Sold
Change
0%Price Per
$380 ft2
$4,090 m2
07/25/2025
$2.9M
Event
Listed
Price Per
$380 ft2
$4,090 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Elior Levi • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .
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Community Snapshot
2 – 6 BR
Bedrooms
$288K – $3.5M
Price Tier
620 - 12,540
SqFt Range
1953
Year Build
1
Total Floors
Subdivision Amenities
None
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