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2247 Polk St
Hollywood, FL 33020 North Central Hollywood

$3,600,000 USD

Land For Sale  •  40,200 AC

Property Details

  • Property Type Land
  • Lot Size 40,200 AC
  • Zoning DH-2
30 Transit Score
70 Walk Score

Description

The Foundation of the Renaissance
Several factors are converging simultaneously:
1. Downtown Hollywood Has Reached Critical Mass
The Young Circle district has evolved from a collection of low-rise commercial buildings into a walkable urban environment featuring restaurants, entertainment venues, multifamily housing, and creative office users. The city's redevelopment plans have focused on creating a true downtown destination rather than a suburban commercial corridor. 
2. Major Public Infrastructure Investments
The Hollywood CRA continues to invest heavily in streetscape improvements, underground utilities, pedestrian enhancements, public art, and resiliency projects. Recent improvements along Hollywood Boulevard and the ongoing Harrison Street and beach corridor projects represent millions of dollars of public investment that support private development. 
3. Transit-Oriented Growth
Downtown Hollywood sits between Fort Lauderdale and Miami and benefits from direct access to:
•	I-95 
•	US-1 
•	Tri-Rail 
•	Fort Lauderdale-Hollywood International Airport 
•	Future regional transit enhancements 
This connectivity has become increasingly valuable as South Florida's workforce becomes more regionalized. 
4. Development-Friendly Zoning
The DH-1, DH-2, and DH-3 districts allow significant density and mixed-use development opportunities. For developers, this translates into higher land values, increased density potential, and the ability to assemble smaller infill parcels into larger urban redevelopment sites.

Highlights

A unique combination of favorable zoning, strong rental demand, and attractive land value
Covered Land Play | 3 Contiguous Lots | 40,200 SF | Build +/- 90 Units
East Hollywood has become one of South Florida's most active urban infill redevelopment markets
In-Place Income | PGI - $321,276 | NOI - $171,328

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 - 2.3 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
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