Hollywood Little Ranches
$2,174,500
2455 Polk St, Hollywood, FL 33020
748,020
NOI
Details:
Highlights:
- Lot Features: City Location, Less Than 1 Acre
- Documents Available: Building Permit, Bore Test, Engineering Studies, Plat Map, Pud Plan Available, Soil Test, Survey Available
Description:
We’re pleased to present a rare shovel-ready development opportunity in the heart of Downtown Hollywood. This fully entitled 20,500 SF MC-1 zoned lot comes with approved construction plans and permits for a 3-story, 30-unit multifamily building. The project includes a mix of spacious 1- and 2-bedroom units, a rooftop deck with open-air pool, landscaped green space with BBQ area, and 42 covered parking spaces plus bicycle parking. With conventional financing, an investor could achieve 111% of Net Investment Return. Located just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, this site offers unbeatable access to restaurants, arts, transit (US-1, I-95), and year-round coastal lifestyle. All reports completed — geotechnical, zoning, site plan approval — allowing a buyer to close with permits in hand and begin construction immediately.
Location
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