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

Beds
7,632
SqFt
$380
$/SqFt
Sold - 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: 416 Days
Updated: 27 Days ago
Page Views: 0

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

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          Price History

          Current
          $2.9M
          High
          $2.9M
          Low
          $2.9M
          Total Change
          0%
          $2.9M$2.9M$2.9MJul 25Mar 26
          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 LeviFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

          Transit & Commute from Hollywood Little Ranches

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          45
          Traffic score
          Congested area. Frequent traffic delays
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          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          84

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          39

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          62

          100
          Sound Score®
          Very loud
          65

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          45

          100
          Local Score
          Limited local amenities nearby
          2

          100
          Community Snapshot
          2 – 6 BR
          Bedrooms
          $280K – $3.5M
          Price Tier
          620 - 12,540
          SqFt Range
          1953
          Year Build
          1
          Total Floors

          Subdivision Amenities

          None

          Hollywood
          Premium
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