2455 Polk Street, Hollywood, FL 33020
- $2,174,500
- List Price
- $2,174,500
- Days on Market
- 9
- MLS#
- A12056911
- Lot Size
- 20,515
- Subtype
- Unimproved Land
- County
- Broward
- Subdivision
- Hollywood Little Ranches
Property Description
We’re pleased to present a rare shovel-ready development opportunity in the heart of Downtown Hollywood. This fully entitled 20,500 SF MC-1 zoned lot comes with approved construction plans and permits for a 3-story, 30-unit multifamily building. The project includes a mix of spacious 1- and 2-bedroom units, a rooftop deck with open-air pool, landscaped green space with BBQ area, and 42 covered parking spaces plus bicycle parking. With conventional financing, an investor could achieve 111% of Net Investment Return. Located just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, this site offers unbeatable access to restaurants, arts, transit (US-1, I-95), and year-round coastal lifestyle. All reports completed — geotechnical, zoning, site plan approval — allowing a buyer to close with permits in hand and begin construction immediately.
Additional Information
- Taxes
- $17,186
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available
- Acres
- 0.47
- Elementary School
- Oakridge
- Middle School
- Olsen
- High School
- South Broward
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Listing courtesy of Trybal Group LLC. Contact:
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Agent: Mike Kaplun | Email: leasing@uniconte.com