2323 Polk St - Residential LAND FOR SALE


Hollywood, FL 33020- North Central Hollywood20,517 SF
$2,396,500 USD
786-663-3237
2323 Polk St, Hollywood, FL for Sale
$2,396,500 USD
Residential LAND - FOR SALE
1/11
20,517 SF

2323 Polk St
Hollywood, FL 33020
North Central Hollywood


HIGHLIGHTS

  • 20,515 SF infill site with approved plans for 27 units and 56 parking spaces
  • Income-producing triplex generating ~$60,000/year
  • Signed & sealed architectural and civil plans included
  • DH-2 zoning allows medium-intensity multifamily up to 45 ft

OVERVIEW

Redevelopment opportunity in one of Hollywood’s most active growth corridors. The sale includes the land, full entitlements, and all signed and sealed plans associated with the building permit application for a 27-unit multifamily community. Existing triplex generates approximately $60,000 per year, and the buyer may choose to receive the property with tenants in place—a major advantage that provides cash flow while advancing the project toward groundbreaking. Key highlights: *) Asking price: $2,396,500 *) 4-story, 27-unit multifamily design (primarily 2BR/2BA) with 56 parking spaces *) Strong condo upside: nearby Gaia Residences averaging $850/SF *) Dual exit strategies: boutique condo or luxury rental community *) DH-2 zoning with potential eligibility for workforce or live-work incentives A rare chance to acquire an income-supported development site with substantial long-term upside and a streamlined path to permitting.

FOR SALE DETAILS

PRICE

$2,396,500 USD

PRICE/ACRE

$5,088,051/AC

PRICE/SF

$117 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

2323 Polk St

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.47 AC

LAND SF

20,517 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Curb/Gutter/Sidewalk

ZONING

DH-2

APN/PARCEL ID

51-42-16-01-3510

ASK ABOUT THIS PROPERTY

Juan SuarezSoar Realty CorpMore Info
786-663-3237

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Juan SuarezSoar Realty CorpMore Info
786-663-3237

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