2235 Polk Street, Hollywood, FL 33020
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: peter dacko iii
Office: media realty
MLS#:B26035448
Source:RMLS
Price summary
- Price:$1,750,000
About this home
REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 20,515 SF, 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. REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 20,515 SF, 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. The subject property provides a $102,600 gross income and a $40,203 NOI. Positioned in the Path of South Broward's Urban Renaissance Downtown Hollywood has emerged as one of South Florida's most compelling redevelopment markets, offering a unique combination of favorable zoning, strong rental demand, and land values that remain attractive relative to more mature urban cores such as Brickell, Wynwood, Downtown Fort Lauderdale, and Flagler Village. Driven by a growing population of young professionals, healthcare workers, hospitality employees, airport-related businesses, and Miami commuters seeking affordability, the area continues to experience sustained multifamily demand. Combined with the walkability of Young Circle, ArtsPark, downtown dining and entertainment, and proximity to Hollywood Beach, the district offers the lifestyle amenities increasingly sought by today's renters. Equally significant is the ongoing transformation occurring immediately south along the Federal Highway corridor in Hallandale Beach. As new mixed-use, multifamily, hospitality, and commercial developments continue to reshape Hallandale's urban core, the redevelopment momentum between Downtown Hollywood and Aventura is creating a continuous South Broward growth corridor....
Contact an agent
Home facts
- Listing ID #:B26035448
- Added:8 day(s) ago
- Updated:June 09, 2026 at 02:52 PM
Structure and exterior
- Lot area:0.47 Acres
Schools
- High school:South Broward
- Middle school:Olsen
- Elementary school:Oakridge
Utilities
- Water:Public, Water Available
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,750,000
- Tax amount:$11,213 (2025)
New listings near 2235 Polk Street
- New
$145,000Active1 beds 1 baths650 sq. ft.3700 Harrison Street #8a, Hollywood, FL 33021
MLS# B26000116Listed by: VILLA G REALTY INC 
$179,000Pending2 beds 2 baths968 sq. ft.5300 Washington Street #O229, Hollywood, FL 33021
MLS# A11959771Listed by: BAGROUP REALTY- New
$650,000Active4 beds 3 baths2,244 sq. ft.7962 N Silverado Circle, Hollywood, FL 33024
MLS# B26023128Listed by: EXCLUSIVE PREMIER REALTY - New
$169,000Active2 beds 1 baths900 sq. ft.2918 Funston Street #35b, Hollywood, FL 33020
MLS# B26039165Listed by: ONE SOTHEBY'S INT'L REALTY - New
$215,000Active2 beds 1 baths815 sq. ft.2319 Jackson St #6, Hollywood, FL 33020
MLS# A12034406Listed by: ROI AVE LLC - New
$475,000Active2 beds 1 baths783 sq. ft.2330 Scott St, Hollywood, FL 33020
MLS# A12033616Listed by: MIRANDA EXECUTIVE REALTY - New
$785,000Active4 beds 2 baths1,696 sq. ft.2101 N 56th Ave, Hollywood, FL 33021
MLS# A12032593Listed by: PINK MIAMI REAL ESTATE 
$899,000Pending4 beds 4 baths2,650 sq. ft.4104 N 49th Avenue, Hollywood, FL 33021
MLS# F10549963Listed by: THE NEWMAN GROUP, LLC- New
$349,999Active3 beds 1 baths920 sq. ft.1511 N 70th Terrace, Hollywood, FL 33024
MLS# B26030839Listed by: COMPASS FLORIDA, LLC - New
$450,000Active1 beds 2 baths1,000 sq. ft.2301 S Ocean Drive #2202, Hollywood, FL 33019
MLS# A12032848Listed by: YAFFE INTERNATIONAL REALTY
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.