2314 Polk St, Hollywood, FL 33020 - Photo 1

1/1

$2,900,000

Sold
Closed
Multi-Family
13 Units
Updated 12 days ago

1/1

Property 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.

Full Property Details

Full Property Details for 2314 Polk St

General

Sold For: $2,900,000
Taxes: $36,984 (2024)
Status: Closed
Type: Multi-Family
Source: Greater_Miami
MLS ID: A11847092
Added to Site: 234 day(s) ago

Rental Information

Rent Includes: Gardener, Other Rent Incl, Pest Control, Sewer, Trash Collection, Water

Interior

Flooring: Other, Tile, Vinyl

Parking

Total Spaces: 18

Location

Area: Hollywood Little Ranches
County: Broward County
Subdivision: HOLLYWOOD LITTLE RANCHES
Building Name: HOLLYWOOD LITTLE RANCHES

Community

Community Name: Hollywood Little Ranches
Units Assoc/Comm: 3

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Central

Utilities

Sewer: Public Sewer

Structural Information

Architectural Style: Detached
Structure Type: Quadruplex, Fourplex
Detached/Attached: Detached
Construction: Concrete Block Construction, Concrete Block With Brick
Roof: Shingle
Stories/Levels: 1
Building Size: 7632
Square Feet: 7,632
Living Area: 7,632 Sq. Ft.
Year Built: 1972

Unit Information

Units in Complex: 3

Lot Features

Lot Features: 1/4 To Less Than 1/2 Acre Lot
Potential Use: Investment
Zoning: TC-1

Financial Considerations

Price Per Sq. Ft.: $379.98
Tax Amount: $36,984
Tax Year: 2024
Terms: All Cash, Conventional

Disclosures and Reports

Documents Avail.: Other Available Information, Rent Rolls
Legal Description: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 15 BLK 7
Property ID: 514216013280

Listed by Fausto Commercial Realty Consultants Inc
Sold by Keller Williams Realty Profess

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 2314 Polk St —

Fausto Commercial Realty Consultants Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 2314 Polk St

School District:Broward County School District

Name	Grades	Distance
Oakridge Elementary School 1507 North 28th Avenue, Hollywood, FL 33020	K-5	1 mi
Olsen Middle School 330 Southeast 11th Terrace, Dania Beach, FL 33004	6-8	1.9 mi
South Broward High School 1901 North Federal Highway, Hollywood, FL 33020	9-12	1.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2314 Polk St

Date

Details

Price

Change

Source

3/12/2026

Sold

$2,900,000

—

MLS

8/03/2025

Listed

$2,900,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

720 NW 4th St, Hallandale Beach, FL 33009 - Photo 1

Just Listed

$480,000

720 NW 4th St Hallandale Beach, FL 33009

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,440
Sq. Ft.

Listed by Marc Plotkin (305) 785-6272

2602 E Hallandale Beach Blvd, Hallandale Beach, FL 33009 - Photo 1

Just Listed

$550,000

2602 E Hallandale Beach Blvd #R2405 Hallandale Beach, FL 33009

Condo
Active
Updated 6 days ago

2
Beds
2
Total Baths
1,020
Sq. Ft.

501 Palm Dr, Hallandale Beach, FL 33009 - Photo 1

Just Listed

$12,950,000

501 Palm Dr Hallandale Beach, FL 33009

Single Family
Active
Updated 2 days ago

8
Beds
10
Total Baths
7,840
Sq. Ft.

800 Parkview Dr, Hallandale Beach, FL 33009 - Photo 1

Just Listed

$235,000

800 Parkview Dr #222 Hallandale Beach, FL 33009

Condo
Active
Updated 7 hours ago

2
Beds
2
Total Baths
1,075
Sq. Ft.

401 NE 14th Ave, Hallandale Beach, FL 33009 - Photo 1

Price Reduced

-$20,900 (-9.5%)

$199,000

401 NE 14th Ave #705 Hallandale Beach, FL 33009

Condo
Active
Updated 5 days ago

1
Bed
1
Total Bath
847
Sq. Ft.

Listed by Andre Lauzier (954) 347-4317

1985 S Ocean Dr, Hallandale Beach, FL 33009 - Photo 1

Price Reduced

-$6,000 (-1.56%)

$379,000

1985 S Ocean Dr #10G Hallandale Beach, FL 33009

Condo
Active
Updated 6 days ago

2
Beds
2
Total Baths
1,240
Sq. Ft.

Listed by Gregory Caron (305) 807-1966 and Yelena Caron (321) 945-5435

2600 E Hallandale Beach Blvd, Hallandale Beach, FL 33009 - Photo 1

Price Reduced

-$100,000 (-15.38%)

$550,000

2600 E Hallandale Beach Blvd #T3210 Hallandale Beach, FL 33009

Condo
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,028
Sq. Ft.

Listed by Elite Homes Team (305) 588-8000

100 Golden Isles Dr, Hallandale Beach, FL 33009 - Photo 1

Price Reduced

-$10,000 (-4.08%)

$235,000

100 Golden Isles Dr #911 Hallandale Beach, FL 33009

Condo
Active
Updated 6 days ago

1
Bed
2
Total Baths
982
Sq. Ft.

Listed by Gregory Caron (305) 807-1966 and Yelena Caron (321) 945-5435

Sold

$2,900,000