2455 Polk St, Hollywood, FL 33020
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: mike kaplun
Office: trybal group llc.312-927-9724
MLS#:A12056911
Source:SEFMLS
Price summary
- Price:$2,174,500
About this home
We’re pleased to present a rare shovel-ready development opportunity in the heart of Downtown Hollywood. This fully entitled 20,500 SF MC-1 zoned lot comes with approved construction plans and permits for a 3-story, 30-unit multifamily building. The project includes a mix of spacious 1- and 2-bedroom units, a rooftop deck with open-air pool, landscaped green space with BBQ area, and 42 covered parking spaces plus bicycle parking. With conventional financing, an investor could achieve 111% of Net Investment Return. Located just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, this site offers unbeatable access to restaurants, arts, transit (US-1, I-95), and year-round coastal lifestyle. All reports completed — geotechnical, zoning, site plan approval — allowing a buyer to close with permits in hand and begin construction immediately.
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Home facts
- Subdivision & Development:HOLLYWOOD LITTLE RANCHES
- Listing ID #:A12056911
- Updated:September 17, 2026 at 09:57 AM
Structure and exterior
- Lot area:0.47 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$2,174,500
- Tax amount:$17,186 (2024)
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