2314 Polk St, Hollywood FL 33020, Hollywood, Broward County, Residential Income
- $2,900,000
Overview
- Quadruplex
Description
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.
Address
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Address: Polk St
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City: Hollywood
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State/county: Broward County
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Zip/Postal Code: 33020
Details
Updated on August 3, 2025 at 9:46 pm-
Property ID A11847092
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Price $2,900,000
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Property Size 7632 Square Feet
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Year Built 1972
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Property Type Quadruplex
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Property Status Residential Income



























