Multifamily in Hollywood, FL 33020
Hollywood Little Ranches, 2847 Polk St

Beds
1,827
SqFt
$235
$/SqFt
Sold - Dec 13, 2023
Multifamily
Built in 1946
Excellent Investment Opportunity in the heart of Hollywood, an area undergoing a vibrant revitalization & development boom. Priced strategically below market value, this 3-Unit occupies a prime location: between I-95 & US-1 & 1 block north of Hollywood Blvd. It sits on a large 10,252 SF fenced lot on a quiet residential street. Zoned Multifamily, up to 4 floors & Max Built Area Allowed of 15,378 SF. Main building is a 1,340 SF duplex with a 2/1 unit & a 1/1 unit. Detached cottage is a 487 SF studio. Short & Long Term rentals allowed. Once rehabbed, it could potentially yield over $65K in annual rental income. Minutes to beaches, shopping, dining, and FTL airport. This is the perfect time to own a valuable piece of this highly sought after real estate market & add to your rental portfolio.
MLS Number: A11475247
On Site: 1054 Days
Updated: 20 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Carpet, Terrazzo, Tile, Vinyl
        • Windows/Treatment: Blinds
        • Year Built: 1946
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-10-29T00:01:50.000-00:00
          Taxes, Fees & More
          • Taxes: 2463

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          Price History

          Current
          $430K
          High
          $499K
          Low
          $430K
          Total Change
          -13.8%
          $507K$465K$422KOct 23Dec 23
          Date
          Event
          Price
          Change
          Price Per
          12/13/2023
          Sold
          $430K
          -13.83%
          $235 ft2
          $2,533 m2
          10/24/2023
          Listed
          $499K
           
          $273 ft2
          $2,940 m2
          12/13/2023
          $430K
          Event
          Sold
          Change
          -13.83%
          Price Per
          $235 ft2
          $2,533 m2
          10/24/2023
          $499K
          Event
          Listed
          Price Per
          $273 ft2
          $2,940 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Janice Chai ChangColdwell Banker Realty • Buyer Agency Compensation .

          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
          Premium Homes & Condos