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2455 Polk St, Hollywood FL 33020

Commercial For Sale
$2,174,500

BTC: 27.82469610

ETH: 887.91343405

41 days
0 room(s)

Overview

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

Florida • Hollywood • 33020 • Commercial • For Sale

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.47 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,174,500
$1.3M – $2.8M
Confidence Low
List vs. estimate
At estimate
List $2,174,500 · +0.0%
List is in line with recent comparable activity.
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$17,186
2024
All facts and features

  • Lot

    • Lot: 0.47 Acres

    Other Property Information

    • Parcel Number: 514216016470

    • Zoning: MC-1

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Phone Available

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $17,186

  • Source details

    • MLS ID: A12056911

    Other facts

    • Lot Features: City Location / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 100x205

    • Subdivision Name: HOLLYWOOD LITTLE RANCHES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33020
543
median $535K
Active
Same city
Hollywood
1,795
median $529K
Active
Same type
Commercial
151
median $1.5M
Active
Similar price
$1.5M – $2.8M
104
median $2.1M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Trybal Group LLC