2455 Polk ST, Hollywood, FL 33020
2455 Polk ST, Hollywood, FL 33020
2455 Polk ST, Hollywood, FL 33020
2455 Polk ST, Hollywood, FL 33020
2455 Polk ST, Hollywood, FL 33020
2455 Polk ST, Hollywood, FL 33020
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$ 2,174,500
Est. payment | /mo

0.47 Acres Lot


$ 2,174,500
Est. payment | /mo

0.47 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Hollywood Little Ranches

MLS Listing ID A12056911

HOA Y/N No

Annual Tax Amount $17,186

Tax Year 2024

Lot Size 0.470 Acres

Acres 0.47

Property Sub-Type Unimproved Land

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.

Location

State FL

County Broward

Area 3050

Zoning MC-1

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available

Water Access Desc Public

Present Use Multi-Family,Unimproved

Street Surface Paved

Building

Lot Description City Lot

Sewer Public Sewer

Water Public

Schools

Elementary Schools Oakridge

Middle Schools Olsen

High Schools South Broward

Others

Tax ID 514216016470

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12056911

BeachesMLS, Inc. (FLR) IDX
Listed by Mike Kaplun Trybal Group LLC
Mario Taormina

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 235-9144

mario@mariotaormina.com

122 W Pine St, Orlando, FL, 32801-2647, USA

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2455 Polk ST