2314 Polk St, Hollywood, FL 33020

Local realty services provided by:Countywide Properties ERA Powered
2314 Polk St,Hollywood, FL 33020
$2,900,000
Virtual Tour
  • - Beds
  • - Baths
  • 7,632 sq. ft.
  • Multi-family
  • Active
Listed by: elior levi
Office: fausto commercial realty consultants inc
MLS#:A11847092
Source:SEFMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$379.98

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1972
  • Listing ID #:A11847092
  • Updated:January 14, 2026 at 10:56 AM

Rooms and interior

  • Living area:7,632 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1972
  • Building area:7,632 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$379.98
  • Tax amount:$36,984 (2024)
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.

New listings near 2314 Polk St