2314 Polk St, Hollywood, FL 33020

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Income/MultiFamily

2314 Polk St, Hollywood, FL 33020Closed - 03/12/2026

$2,900,000 Built: 1972

N/A N/A N/A

Type of PropertyIncome/MultiFamily

Style of PropertyApartments

Property Ft²7,632

Living Ft²

Price per Ft²N/A

PetsN/A

WaterfrontN/A

PoolN/A

FurnitureN/A

Property description of Income/MultiFamily

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.

Exterior Features

No information about Exterior Features.

Interior Features

No information about Interior Features.

Amenities

No information about Amenities.

Equipment/Appliances

No information about Equipment/Appliances.

Property Features

Name

MLSA11847110

ForeclosureN/A

Short SaleN/A

ParkingAssigned

Parking Restrictions

Parking Spaces

Lot Ft²20,501

Approx. Lot Size

Boat DockBuilding & Land

Last Update82 days

Pet Restrictions

Floor Number

Cooling DescriptionCentral Individual A/C, Other

Heating DescriptionCentral Individual A/C

View

ConstructionConcrete Block Construction, CBS Construction

Flooring TypeCeramic Floor, Other, Tile, Vinyl

Maintenance Fees

TaxesN/A

Property contact form

Gladys Martinez PA305-321-7889gmrealtor7@gmail.com

City

Hollywood

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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
Listing is a courtesy of Fausto Commercial Realty Consultants Inc. Office (cfm@faustocommercial.com, 786-748-7373). Agent (elevi@faustocommercial.com, 954-743-7594).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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