2235 Polk St - Commercial LAND FOR SALE


Hollywood, FL 33020- North Central Hollywood20,517 SF
$1,400,000 USD
954-923-2325
2235 Polk St, Hollywood, FL for Sale
$1,400,000 USD
Commercial LAND - FOR SALE
1/17
20,517 SF

2235 Polk St
Hollywood, FL 33020
North Central Hollywood


HIGHLIGHTS

  • Build up to 45 units - Contiguous third lot is available for purchase to increase density to 90 units.
  • Significant development is already underway along Polk Street, underscoring the submarket’s strong demand for new housing inventory.
  • Owner Financing : Qualified purchasers may benefit from owner financing offered at a below-market interest rate.

OVERVIEW

REDEVELOPMENT OPPORT UNITY WITH OWNER FINANCING WITH BELOW MARKET INTEREST RATES | 45 UNITS | 20,515 SF, | ASKING $68/SQ FT | Two parcel assemblage containing a 3plex and a single-family home. It is estimated that the sites highest and best use is a 45 residential development in close proximity to the urban redevelopment core of downtown Hollywood. For qualified purchasers, the seller will consider providing a purchase money mortgage with a below market interest rate with a 40% down payment. Hollywood's Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County's Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. The city has quietly become one of South Florida's most active urban infill redevelopment markets, driven by public infrastructure investment, transit accessibility, favorable zoning, and a growing pipeline of mixed-use and multifamily projects. More than 3,500 residential units have been approved or are under construction in and around Downtown Hollywood and its major corridors, creating a critical mass that is reshaping the city's urban core.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/ACRE

$2,972,652/AC

PRICE/SF

$68 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.47 AC

LAND SF

20,515 SF

OFFSITE IMPROVEMENTS

-

ZONING

DH-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Peter DackoMedia RealtyMore Info
954-923-2325

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Peter DackoMedia RealtyMore Info
954-923-2325

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.