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2443 Polk St - 33 Unit Development Site 0.47 Acres of Commercial Land Offered at $1,100,000 in Hollywood, FL 33020
EXECUTIVE SUMMARY
Exceptional development opportunity in the heart of Hollywood! Located at 2443 Polk Street, this 20,515 SF (.47 acre) lot is zoned MC-1, allowing for up to 33 units and 4 stories. The property currently features a 3-unit multifamily building generating $4,175/month (MTM) from a 2BD/1BA, 1BD/1BA, and a studio, offering immediate income while planning future development. Just 5 minutes to Downtown Hollywood, 10 minutes to the beach, and 10 minutes to Fort Lauderdale International Airport. Priced at $1,100,000, this site offers excellent upside and strong redevelopment potential.
PROPERTY FACTS Under Contract
| Price | $1,100,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.47 AC |
| Property Type | Land | ||
| Zoning | MC-1 - Medium Intensity Commercial District | ||
| Price | $1,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.47 AC |
| Zoning | MC-1 - Medium Intensity Commercial District |
1 LOT AVAILABLE
Lot 1
| Price | $1,100,000 | Lot Size | 0.47 AC |
| Price Per AC | $2,335,654.83 |
| Price | $1,100,000 |
| Price Per AC | $2,335,654.83 |
| Lot Size | 0.47 AC |
1 1
Walk Score®
Very Walkable (84)
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2443 Polk St - 33 Unit Development Site
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