2235 Polk ST, Hollywood, FL 33020
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2235 Polk ST, Hollywood, FL 33020
2235 Polk ST, Hollywood, FL 33020
2235 Polk ST, Hollywood, FL 33020
2235 Polk ST, Hollywood, FL 33020
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Sofia Nina

Sofia Nina

+1(754) 277-0580
$ 1,400,000
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Active

2235 Polk ST Hollywood, FL 33020

0.47 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Hollywood Little Ranches

MLS Listing ID B26035448

HOA Y/N No

Annual Tax Amount $11,212

Tax Year 2025

Lot Size 0.470 Acres

Acres 0.47

Property Sub-Type Unimproved Land

Property Description

REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING AT BELOW MARKET INTEREST RATES | ASKING $68/SF | 20,515 SF, two parcel assemblage containing a 3plex and a single-family home. It is estimated that the sites highest and best use is a 45 residential development in close proximity to the urban redevelopment core of downtown Hollywood. Hollywood's Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County's Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 20,515 SF, two parcel assemblage containing a 3plex and a single-family home. It is estimated that the sites highest and best use is a 45 residential development in close proximity to the urban redevelopment core of downtown Hollywood. For qualified purchasers, the seller will consider providing a purchase money mortgage with a below market interest rate with a 40% down payment. Hollywood's Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County's Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. The city has quietly become one of South Florida's most active urban infill redevelopment markets, driven by public infrastructure investment, transit accessibility, favorable zoning, and a growing pipeline of mixed-use and multifamily projects. More than 3,500 residential units have been approved or are under construction in and around Downtown Hollywood and its major corridors, creating a critical mass that is reshaping the city's urban core. The subject property provides a $102,600 gross income and a $40,203 NOI. 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.

Location

State FL

County Broward

Community Near Schools

Area 3050

Zoning DH-2

Direction South

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Community Features Near Schools

Utilities Available Cable Connected, Electricity Connected, Water Available

View Y/N Yes

Water Access Desc Public

View Garden

Present Use Investment

Street Surface Asphalt

Road Frontage City Street

Building

Lot Description Business Park, Central Business District, City Lot, Interior Lot, Industrial Park, 1/4 to 1/2 Acre Lot

Faces South

Sewer Septic Tank

Water Public

Schools

Elementary Schools Oakridge

Middle Schools Olsen

High Schools South Broward

Others

Tax ID 514216013450

Acceptable Financing Owner Will Carry

Membership Fee Required false

Listing Terms Owner Will Carry

Special Listing Condition Standard

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BeachesMLS, Inc. (FLR) IDX
Listed by Peter Dacko III Media Realty

NEARBY SCHOOLS & PROPERTIES

Sofia Nina

Sofia Nina

Advisor License ID: 3524728

+1(754) 277-0580

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2235 Polk ST