Income-Producing Multi-Family
2434 Polk St Hollywood, FL 33020
2434 Polk St, Hollywood, FL, 33020
$799,000
For Sale
$799,000
MULTI_FAMILY - Hollywood, FL
Property Size1,265 SF
Lot Size9,800.00 Acres
Price / SF$631.62
Days on Market30
Property Features for 2434 Polk St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
- Parking
- 4
- Window features
- Blinds
- Standard status
- Active
- APN
- 514216017050
- Size
- 1,265 SF
- Lot size
- 9,800.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HOLLYWOOD LITTLE RANCHES 1-26 B LOT 20 E1/2 LESS S 7 1/2 FOR ALLEY BLK 18
- Tax Annual Amount
- 13526
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
Listing Agency
Keller Williams Capital Realty
(305) 662-7325
550 Biltmore Way PH2, Coral Gables, FL
Listed by
Thomas Bichi · License #3261222
(305) 608-6357
Added: Jun 19 Checked: Jul 18 at 11:06 am
MLS# A12037868
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income property is situated on a large 9,800 SF lot zoned TC-1 (Transitional Core / commercial), which allows mixed-use and commercial uses. The property is currently producing $7,600 per month ($91,200 per year).
Located at 2434 Polk St in Hollywood, FL 33020, the property is about one block from Hollywood Blvd. Additional nearby access points include Downtown Hollywood, the Broadwalk and beaches, Hard Rock, I-95, and Fort Lauderdale-Hollywood International Airport.
For sale. Contact LA for more information.
Located at 2434 Polk St in Hollywood, FL 33020, the property is about one block from Hollywood Blvd. Additional nearby access points include Downtown Hollywood, the Broadwalk and beaches, Hard Rock, I-95, and Fort Lauderdale-Hollywood International Airport.
For sale. Contact LA for more information.
Key Highlights
- Large 9,800 SF lot zoned TC‑1 (Transitional Core/commercial) allowing mixed‑use and commercial uses
- Income property currently producing $7,600/month ($91,200/year)
- One block from Hollywood Blvd
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.2k | $27.00 |
| − Vacancy | −$1.8k | −$1.40 |
| EGI | $32.4k | $25.60 |
| − OpEx | −$9.7k | −$7.68 |
| NOI | $22.7k | $17.92 |
1,265 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$323.8K
$283.3K – $377.8K
NOI $22,665 @ 7.0% cap · market cap 2.84%
Second Best
Apartment 5plus
$301.2K
$263.6K – $351.4K
NOI $21,085 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$494.9K
$433.0K – $577.4K
NOI $34,641 @ 7.0% cap · market cap 4.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Income property on a large TC-1 zoned lot, currently producing $7,600 per month.
Where is this duplex located?
The property is located at 2434 Polk St Hollywood, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Large 9,800 SF lot zoned TC‑1 (Transitional Core/commercial) allowing mixed‑use and commercial uses; Income property currently producing $7,600/month ($91,200/year); One block from Hollywood Blvd
