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2314 Polk St, Hollywood FL 33020

Multi-family Recently Sold
$2,900,000

BTC: 45.31250000

ETH: 1,660.93928981

Sold on: 2026-03-12
19 days
0 room(s)
7,632 sqft

Overview

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.

Location

Florida • Hollywood • 33020 • Multi-family • Recently Sold

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1972
Lot:
No Data
Heating:
Central
Price/sqft:
$380
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$36,984
2024
Parking
18 spaces
All facts and features

  • Flooring

    • Other

    • Tile

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 514216013280

    • Zoning: TC-1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $36,984

  • Source details

    • MLS ID: A11847092

    Other facts

    • Construction Materials: Concrete Block Construction / Concrete Block With Brick

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Detached

    • Living Area: 7632

    • 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
445
median $500K
Active
Same city
Hollywood
1,451
median $549K
Active
Same type
Multi-family
47
median $689K
Active
Similar price
$2.0M – $3.8M
87
median $2.6M
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: Fausto Commercial Realty Consultants Inc