We are full service

Investment Opportunity

Miami Investmens

2314 Polk St Hollywood FL 33020 MLS #A11847092

There are multiple listings for this address:
2314 Polk St
Hollywood, FL, 33020
$2,900,000
Beds
0 Bathrooms
7,632 SqFt
0 Acres
Add
Add
$2,900,000
2314 Polk St
Hollywood, FL, 33020
MLS #A11847092 image #0MLS #A11847092 image #1MLS #A11847092 image #2MLS #A11847092 image #3MLS #A11847092 image #4MLS #A11847092 image #5MLS #A11847092 image #6MLS #A11847092 image #7MLS #A11847092 image #8MLS #A11847092 image #9MLS #A11847092 image #10MLS #A11847092 image #11MLS #A11847092 image #12MLS #A11847092 image #13MLS #A11847092 image #14MLS #A11847092 image #15MLS #A11847092 image #16MLS #A11847092 image #17MLS #A11847092 image #18MLS #A11847092 image #19MLS #A11847092 image #20MLS #A11847092 image #21MLS #A11847092 image #22MLS #A11847092 image #23MLS #A11847092 image #24MLS #A11847092 image #25MLS #A11847092 image #26MLS #A11847092 image #27

Project Description

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.

Property Details

Price:
$2,900,000
MLS #:
A11847092
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Income/MultiFamily
Listed Date:
Aug 3, 2025
Finished Sq Ft:
7,632
Total Sq Ft:
7,632
Year Built:
1972
Apartments

Schools

Interior

Cooling
Central Individual A/C, Other
Flooring
Ceramic Floor, Other, Tile, Vinyl
Heating
Central Individual A/C

Exterior

Construction Materials
Concrete Block Construction, CBS Construction
Parking Features
Assigned
Roof
Shingle

Financial

de todo

Map

Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
2314 Polk St
Hollywood, FL
2314 Polk St
Hollywood, FL, 33020
$2,900,000
Beds
0 Bathrooms
0 SqFt
0.47 Acres
Add
Add
$2,900,000
2314 Polk St
Hollywood, FL, 33020
MLS #A11847110 image #0MLS #A11847110 image #1MLS #A11847110 image #2MLS #A11847110 image #3MLS #A11847110 image #4MLS #A11847110 image #5MLS #A11847110 image #6MLS #A11847110 image #7MLS #A11847110 image #8MLS #A11847110 image #9MLS #A11847110 image #10MLS #A11847110 image #11MLS #A11847110 image #12MLS #A11847110 image #13MLS #A11847110 image #14MLS #A11847110 image #15MLS #A11847110 image #16MLS #A11847110 image #17MLS #A11847110 image #18MLS #A11847110 image #19MLS #A11847110 image #20MLS #A11847110 image #21MLS #A11847110 image #22MLS #A11847110 image #23MLS #A11847110 image #24MLS #A11847110 image #25MLS #A11847110 image #26MLS #A11847110 image #27

Project Description

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.

Property Details

Price:
$2,900,000
MLS #:
A11847110
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Aug 3, 2025
Total Sq Ft:
7,632
Lot Size:
20,501 sqft / 0.47 acres (approx)
Year Built:
1972
Apartments

Schools

Interior

Cooling
Central Individual A/C, Other
Flooring
Ceramic Floor, Other, Tile, Vinyl
Heating
Central Individual A/C

Exterior

Construction Materials
Concrete Block Construction, CBS Construction
Parking Features
Assigned
Roof
Shingle

Financial

de todo

Map

Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of: