2314 Polk St, Hollywood FL 33020
$2,900,000
Est. Payment $15,435/mo
1972
Year Built
1
Stories
19
Days on Market
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.
Facts
- MLS#
- A11847110
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1972
- Lot Size
- 20,473 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 19 days
- Listed
- Aug 3, 2025
- Last Updated
- Mar 12, 2026
- Price/Lot Sq.Ft.
- $142/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
$2,900,000
— bd · 0 ba · —
2847 Hollywood Boulevard, Hollywood FL 33020
SOLD$2,900,000
— bd · 0 ba · 7,632 sqft
2314 Polk St, Hollywood FL 33020
SOLD$2,900,000
— bd · 0 ba · 7,623 sqft
2414 Johnson St, Hollywood FL 33020
SOLD$2,900,000
— bd · 0 ba · —
2414 Johnson St # 17, Hollywood FL 33020
SOLD$2,999,999
— bd · 0 ba · 8,203 sqft
1640 Mckinley St, Hollywood FL 33020
SOLD$3,000,000
— bd · 0 ba · —
930 N 14th Ct, Hollywood FL 33020
SOLD$2,800,000
— bd · 0 ba · —
2252 Hayes St, Hollywood FL 33020
SOLD$2,800,000
— bd · 0 ba · —
2500 Johnson St # 18, Hollywood FL 33020
Market insights for Hollywood
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 2026
49
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/12/2026 | Sold | $2,900,000 |
| 8/3/2025 | Listed for sale | $2,900,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$18,002/mo
Principal & Interest
$15,435
Property Tax
$2,417
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
Similar listings nearby
More homes in Hollywood around $2,900,000.
2711 S Ocean Dr # 1902, Hollywood FL 33019
3535 S Ocean Drive # 402, Hollywood FL 33019
3951 S Ocean Dr # 1803, Hollywood FL 33019
3500 N 45th Avenue, Hollywood FL 33021
3161 N 36TH Street, Hollywood FL 33021
336 Balboa Street, Hollywood FL 33019