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2323 Polk St
Hollywood, FL 33020 North Central Hollywood

$2,396,500 USD

Land For Sale  •  0.47 AC

Property Details

  • Property Type Land
  • Lot Size 0.47 AC
  • Zoning DH-2
41 Transit Score
89 Walk Score

Description

Prime infill redevelopment site located within the Downtown Hollywood Regional Activity Center (DH-2 zoning). The 20,515 SF lot currently includes an income-producing triplex, giving buyers the option to acquire the property with tenants in place or delivered vacant. Keeping tenants provides the advantage of immediate cash flow during the pre-construction period, offsetting holding costs while final permits are completed.

The offering includes signed and sealed architectural and civil plans for a 4-story, 27-unit multifamily project. Several departmental sign-offs have already been obtained, and the development is advancing toward full building permit approval. Excellent location within walking distance to Downtown Hollywood, Dixie Highway, transit, and multiple new developments.

Highlights

20,515 SF infill site with approved plans for 27 units and 56 parking spaces
Income-producing triplex generating ~$60,000/year
Signed & sealed architectural and civil plans included
DH-2 zoning allows medium-intensity multifamily up to 45 ft

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 3 min 19 min 1.0 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 6 min - 2.2 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 11 min - 6.3 mi
Miami International 40 min - 24.2 mi
Juan Suarez 786-663-3237 Soar Realty Corp
Juan Suarez 786-663-3237 Soar Realty Corp