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$2,900,000

  • For Sale
  • Active
  • Multi-Family
  • 13 Units
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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 for 2314 Polk St

General

  • Price: $2,900,000
  • Taxes: $36,984 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11847092
  • Updated: 8/22/2025
  • Added to Site: 170 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
  • 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

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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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2314 Polk St

School District:Broward County School District
NameGradesDistance
Oakridge Elementary School
1507 North 28th Avenue, Hollywood, FL 33020
K-51 mi
Olsen Middle School
330 Southeast 11th Terrace, Dania Beach, FL 33004
6-81.9 mi
South Broward High School
1901 North Federal Highway, Hollywood, FL 33020
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2314 Polk St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/03/2025
Listed
$2,900,000
45%
MLS
3/20/2025
Sold
$2,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2314 Polk St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$36,984
—
$1,798,580
2%
2024
$36,984
12%
$1,755,520
21%
2023
$33,050
23%
$1,454,050
34%
2021
$26,859
-8%
$1,086,020
-11%
2022
$29,168
9%
$1,219,130
13%
2021
$26,859
4%
$1,079,000
8%
2019
$25,822
6%
$997,500
10%
2018
$24,312
14%
$906,820
-7%
2017
$21,343
9%
$979,870
18%
2016
$19,646
12%
$830,220
22%
2015
$17,574
5%
$681,320
7%
2014
$16,773
5%
$634,840
7%
2013
$15,952
—
$593,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Fausto Commercial Realty Consultants Inc

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2314 Polk St, Hollywood, FL 33020 (MLS# A11847092) is a Multi-Family property with 13 units containing 0 bedrooms and 0 full bathrooms. 2314 Polk St is currently listed for $2,900,000 and was received on August 03, 2025. Want to learn more about 2314 Polk St? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

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