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2847 Polk St, Hollywood, FL 33020
$430,000
2847 Polk St, Hollywood, FL 33020View this property at 2847 Polk St, Hollywood, FL 33020
2847 Polk StHollywoodFL33020
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Property Description
Excellent Investment Opportunity in the heart of Hollywood, an area undergoing a vibrant revitalization & development boom. Priced strategically below market value, this 3-Unit occupies a prime location: between I-95 & US-1 & 1 block north of Hollywood Blvd. It sits on a large 10,252 SF fenced lot on a quiet residential street. Zoned Multifamily, up to 4 floors & Max Built Area Allowed of 15,378 SF. Main building is a 1,340 SF duplex with a 2/1 unit & a 1/1 unit. Detached cottage is a 487 SF studio. Short & Long Term rentals allowed. Once rehabbed, it could potentially yield over $65K in annual rental income. Minutes to beaches, shopping, dining, and FTL airport. This is the perfect time to own a valuable piece of this highly sought after real estate market & add to your rental portfolio.
Full Property Details
Full Property Details for 2847 Polk St
General
- Sold For: $430,000
- Taxes: $2,463 (2022)
- Status: Closed
- Type: Triplex
- MLS ID: A11475247
- Added to Site: 205 day(s) ago
Rental Information
- Rent Includes: None
Interior
- Flooring: Carpet, Terrazzo, Tile, Vinyl
Parking
- Total Spaces: 2
Location
- Area: Hollywood Little Ranches
- County: Broward County
- Subdivision: HOLLYWOOD LITTLE RANCHES
- Building Name: HOLLYWOOD LITTLE RANCHES
- Driving Directions: Take I-95 & exit on Hollywood Blvd going East. Left at N 24th Ave. Left at Polk St. Property is on right hand side.
Community
- Community Name: Hollywood Little Ranches
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Septic Tank
Structural Information
- Architectural Style: Detached
- Structure Type: Triplex
- Detached/Attached: Detached
- Roof: Barrel Roof, Shingle
- Windows: Blinds
- Stories/Levels: 1
- Building Size: 2294
- Square Feet: 1,827
- Living Area: 1,827 Sq. Ft.
- Year Built: 1946
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: MC-1
Financial Considerations
- Price Per Sq. Ft.: $235.36
- Tax Amount: $2,463
- Tax Year: 2022
- Terms: All Cash, Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Existing Survey
- Legal Description: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 6 W1/2 BLK 41
- Property ID: 514216026490
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Schools
Schools serving 2847 Polk St
School District:Broward County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1507 N 28th Ave, Hollywood, FL 33020 | PK-5 | 0.8 mi | |
330 Se 11th Ter, Dania Beach, FL 33004 | 6-8 | 2.3 mi | |
1901 N Federal Hwy, Hollywood, FL 33020 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2847 Polk St
Date
Details
Price
Change
Source
12/13/2023
Sold
$430,000
-13.83%
MLS
10/29/2023
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2847 Polk St, Hollywood, FL 33020 (MLS# A11475247) is a Triplex property that was sold at $430,000 on December 13, 2023. This property was listed by Adele Pick and Partners from our Weston Office.Want to learn more about 2847 Polk St? Do you have questions about finding other Triplex real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.