2314 Polk St
Hollywood, FL 33020
-- Bed-- Bath7,632 Sq Ft19 Days on Market
Listing Agent & Comments
Elior Levi • Fausto Commercial Realty Consultants Inc
954-743-7594 • elevi@faustocommercial.com License #3574869We 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.
MLS# A11847092 • Data provided by Miami MLS
HouseCanary, Inc. Brokerage
Living Area | 7,632 Sq.Ft. |
---|---|
Lot Size | 0.5 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1972 |
Property Type | Multifamily |
Zoning | TC-1 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $36,984 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by Miami MLS.
More Information On This Home
This home's estimated value
$1,937,372
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
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2314 Polk St., Hollywood, FL 33020
Multifamily-- Bed-- Bath7,632 Sq Ft19 Days on Market
Listing Agent & Comments
Elior Levi • Fausto Commercial Realty Consultants Inc
954-743-7594 • elevi@faustocommercial.com License #3574869We 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.
MLS# A11847092 • Data provided by Miami MLS
HouseCanary, Inc. Brokerage
Living Area | 7,632 Sq.Ft. |
---|---|
Lot Size | 0.5 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1972 |
Property Type | Multifamily |
Zoning | TC-1 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $36,984 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by Miami MLS.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
2314 Polk St
Hollywood, FL 33020
-- Bed-- Bath7,632 Sq Ft19 Days on Market
Listing Agent & Comments
Elior Levi • Fausto Commercial Realty Consultants Inc
954-743-7594 • elevi@faustocommercial.com License #3574869We 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.
MLS# A11847092 • Data provided by Miami MLS
HouseCanary, Inc. Brokerage
Living Area | 7,632 Sq.Ft. |
---|---|
Lot Size | 0.5 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1972 |
Property Type | Multifamily |
Zoning | TC-1 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $36,984 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by Miami MLS.
More Information On This Home
This home's estimated value
$1,937,372
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard