Zoned Multi-Family Income
For Sale
$749,000
2434 Polk Street, Hollywood, FL 33020
Income-producing multifamily asset on a TC-1 zoned lot with mixed-use and commercial use allowances.
Property SizeContact for details
Lot Size9,800.00 Acres
Days on Market79
Property Features for 2434 Polk Street
General Information
Standard status
Active
Lot size
9,800.00 Acres
Property subtype
Land
Zoning
TC-1
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$13,526
Listing Agency:
Keller Williams Capital Realty
Listed By:
Thomas Bichi · License #3261222
(305) 608-6357
Source:
Laerrealty
Added: Jun 22
Changed: Sep 3
Last Checked: Sep 7 at 4:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Capital Realty
Investment Insights
Based on property information with market context.
This income property sits 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, or $91,200 per year, and is being offered for sale.
Located one block from Hollywood Blvd, the site offers convenient access to major South Florida destinations. It is within minutes of Downtown Hollywood, the Broadwalk and beaches, Hard Rock, I-95, and Fort Lauderdale–Hollywood International Airport.
For buyers and operators, the TC-1 zoning supports a broader range of planning options compared with strictly residential designations, while the property’s current income performance provides an existing revenue baseline. This makes the offering worth consideration for investors looking to acquire an income-producing multifamily asset, as well as for prospective owner-users seeking zoning flexibility for future mixed-use or commercial direction, subject to applicable approvals.
Located one block from Hollywood Blvd, the site offers convenient access to major South Florida destinations. It is within minutes of Downtown Hollywood, the Broadwalk and beaches, Hard Rock, I-95, and Fort Lauderdale–Hollywood International Airport.
For buyers and operators, the TC-1 zoning supports a broader range of planning options compared with strictly residential designations, while the property’s current income performance provides an existing revenue baseline. This makes the offering worth consideration for investors looking to acquire an income-producing multifamily asset, as well as for prospective owner-users seeking zoning flexibility for future mixed-use or commercial direction, subject to applicable approvals.
Key Highlights
- Income‑producing multifamily property currently generating $7,600/month ($91,200/year).
- Located on a large 9,800 SF lot zoned TC‑1 (Transitional Core), allowing mixed‑use and commercial uses.
- Only one block from Hollywood Blvd.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,321
Businesses Nearby
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Income-producing multifamily asset on a TC-1 zoned lot with mixed-use and commercial use allowances.
Where is this multifamily property located?
The property is located at 2434 Polk Street Hollywood, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Income‑producing multifamily property currently generating $7,600/month ($91,200/year).; Located on a large 9,800 SF lot zoned TC‑1 (Transitional Core), allowing mixed‑use and commercial uses.; Only one block from Hollywood Blvd.
