2314 Polk St, Hollywood FL 33020

For sale Days on market 19

HOLLYWOOD LITTLE RANCHES [ Quadruplex ]

$2,900,000

$380/sq ft

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Overview

Year Built

1972

Sqft

7632

Property Type

Quadruplex

Property 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

MLS#

A11847092

Total Floor in Bldg

Building

HOLLYWOOD LITTLE RANCHES

Address

2314 Polk St

City

Hollywood

State/county

Zip/Postal Code

33020

Area

Hollywood Little Ranches

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$36,984

Maint Fee

$--

Tax Year

2024

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