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Multifamily Development Land Opportunity
For Sale
Contact for pricing
Pending

2320 Polk St, Hollywood, FL 33020

Development site with zoning TC-1 and capacity to build 138 units across three lots totaling about 1.5 acres.

Property SizeContact for details
Lot Size1.50 Acres
Days on Market150

Property Features for 2320 Polk St

General Information

Standard status Pending
Lot size 1.50 Acres
Property subtype Multifamily
Zoning TC-1

Additional Details

Highway Access Yes
Listing Agency: The Keyes Company
Listed By: Glenn Ochs · License #0667271
Source: Crexi
Added: Apr 11 Changed: Aug 25 Last Checked: Sep 6 at 12:04AM

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 The Keyes Company

Investment Insights

Based on property information with market context.

This for-sale development site consists of three lots totaling about 1.5 acres, with stated ability to build 138 units. The offering is described as suitable for a transitional core development use under zoning TC-1, which includes hotel, multi-family, office, and multi-use. The development is referenced as 4 stories with the maximum allowable height.

The property is positioned in the heart of Hollywood, with access to Fort Lauderdale and Miami described as being only 2 blocks from I-95 and Hollywood Blvd. The remarks also cite nearby Tri-Rail and Amtrak train station service and proximity to downtown restaurants and shops.

Because the property includes multiple lots, it may support a consolidated project footprint consistent with the TC-1 transitional core development framework described in the seller’s materials.

Key Highlights

  • Development site zoned TC‑1 (transitional core development) allowing hotel, multi‑family, office, and multi‑use.
  • Capacity to build up to 138 units across three lots totaling about 1.5 acres.
  • 3‑lot assemblage offers convenient access to I‑95 and Hollywood Blvd, with Tri‑Rail and Amtrak nearby.

Property Analytics

Current Use

Mumis Cuisine Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Tanning Salon Farmer's Market Clothing & Fashion Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,321
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Development site with zoning TC-1 and capacity to build 138 units across three lots totaling about 1.5 acres.
Where is this apartment building located?
The property is located at 2320 Polk St Hollywood, FL.
What are key features of this property?
This property features: Development site zoned TC‑1 (transitional core development) allowing hotel, multi‑family, office, and multi‑use.; Capacity to build up to 138 units across three lots totaling about 1.5 acres.; 3‑lot assemblage offers convenient access to I‑95 and Hollywood Blvd, with Tri‑Rail and Amtrak nearby.
More about this property
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