2314 Polk St
Hollywood, FL 33020
-- Bed
-- Bath
7,632 Sq Ft
19 Days on Market
For Sale $2,900,000
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Courtesy of Fausto Commercial Realty Consultants Inc

Listing Agent & Comments

Elior LeviFausto Commercial Realty Consultants Inc
954-743-7594elevi@faustocommercial.com License #3574869
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.

MLS# A11847092 • Data provided by Miami MLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area7,632 Sq.Ft.
Lot Size0.5 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1972
Property TypeMultifamily
ZoningTC-1
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$36,984
Property in Flood Zone--
Basement--
PoolNo
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
-- Bath
7,632 Sq Ft
19 Days on Market

Listing Agent & Comments

Elior LeviFausto Commercial Realty Consultants Inc
954-743-7594elevi@faustocommercial.com License #3574869
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.

MLS# A11847092 • Data provided by Miami MLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area7,632 Sq.Ft.
Lot Size0.5 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1972
Property TypeMultifamily
ZoningTC-1
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$36,984
Property in Flood Zone--
Basement--
PoolNo
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $2,900,000
Get_PreApproved_Property_Details
Save
Courtesy of Fausto Commercial Realty Consultants Inc
2314 Polk St
Hollywood, FL 33020
-- Bed
-- Bath
7,632 Sq Ft
19 Days on Market

Listing Agent & Comments

Elior LeviFausto Commercial Realty Consultants Inc
954-743-7594elevi@faustocommercial.com License #3574869
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.

MLS# A11847092 • Data provided by Miami MLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area7,632 Sq.Ft.
Lot Size0.5 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1972
Property TypeMultifamily
ZoningTC-1
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$36,984
Property in Flood Zone--
Basement--
PoolNo
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
house

For Sale $2,900,000
Get_PreApproved_Property_Details
Save
Courtesy of Fausto Commercial Realty Consultants Inc