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2235 Polk St
Hollywood, FL 33020 North Central Hollywood

$1,400,000 USD

Land For Sale  •  0.47 AC

Property Details

  • Property Type Land
  • Lot Size 0.47 AC
  • Zoning DH-2
30 Transit Score
70 Walk Score

Description

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.

Highlights

Build up to 45 units - Contiguous third lot is available for purchase to increase density to 90 units.
Significant development is already underway along Polk Street, underscoring the submarket’s strong demand for new housing inventory.
Owner Financing : Qualified purchasers may benefit from owner financing offered at a below-market interest rate.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $41,135 USD (2026)
Total Expenses: $56,335 USD

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 3 min - 1.3 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 7 min - 2.9 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 12 min - 6.4 mi
Miami International 40 min - 24.3 mi
Peter Dacko 954-923-2325 Media Realty
Peter Dacko 954-923-2325 Media Realty