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    2117 Polk St Hollywood, FL 33020

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    For Sale
    $900,000

    Three adjacent lots zoned for high-density multi-use development.

    Lot size:
    0.13 Acres

    Property Features for 2117 Polk St

    General Information

    Lot size
    0.13 Acres

    Source: LPT Realty, LLC Agent Tina Levinger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity: Three Adjacent Lots

    This offering presents a significant opportunity for investors and developers. It comprises three adjacent lots, identified by separate folio numbers, being sold together. The lots, located side-by-side on Polk Street, are zoned DH-3, permitting high-density multi-use development, including residential and commercial applications. Each lot measures 5754 square feet, combining for a total area of 17,262 square feet. The zoning allows for a concept of up to 40 units, with the potential for more units if the project goes vertical. The zoning also permits up to 140 feet in height, with a possibility of 10 stories. Additional permitted uses include self-storage facilities, hotels, amusements, and automotive sales, among others. Zoning requirements are available in the supplements.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1500985
    Latitude
    26.0128265

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    FAQs

    What type of property is this?
    Commercial land - Three adjacent lots zoned for high-density multi-use development.
    Where is this commercial land located?
    The property is located at 2117 Polk St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Large combined lot size: **17,262 Sq Ft** from 3 adjacent lots.; - High-density, multi-use zoning (DH-3) allowing for residential/commercial development.; - Potential for **up to 40 units** with current zoning, possibly more with vertical construction.
    (954) 675-1845
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    2117 Polk St Hollywood, FL 33020
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    Hollywood, FL 33020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2117 Polk St Hollywood, FL 33020
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