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MLS ID: A11847092
List Price: $ 2 900 000
Sold Price: $ 2 900 000
Status: Closed
List date: 08/03/2025
Closing Dt: 03/12/2026
Days on Market: 221
Sell $ 380 per SqFt
2314 Polk St, Hollywood
#MLS: A11847092
$ 2 900 000
Listing date08/03/2025
CityHollywood, FL 33020
Address2314 Polk St
Area7632 sqft
Tax/year$ 36 984
Built year1972

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 studiooffering 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 unitsmaking this a prime opportunity for investors and developers.

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