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2314 Polk St, 
Hollywood, FL 33020

$2,900,000


Bed


Bath


7,632

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Elior Levi

Fausto Commercial Realty Consultants Inc

Last updated:

August 7, 2025, 09:57 AM

MLS#

A11847092

Source:

SEFMLS

About This Home

2314 Polk St

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.

Home Facts

Multi-Family

Built in 1972

Price Summary

2,900,000

$379 per Sq. Ft.

MLS #:

A11847092

Last Updated:

August 7, 2025, 09:57 AM


Rooms & Interior

Interior

Living Area:

7,632 Sq. Ft.


Structure

Structure

Architectural Style:

Fourplex

Building Area:

7,632 Sq. Ft.

Year Built:

1972


Finances & Disclosures

Finances

Price:

$2,900,000

Price per Sq. Ft:

$379 per Sq. Ft.

Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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