Three Adjacent DH-3
2125 Polk Street Hollywood, FL 33020
For Sale
$1,000,000
MULTI_FAMILY - Hollywood, FL
Property Size2,158 SF
Price / SF$463.39
Days on Market446
Property Features for 2125 Polk Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
DH-3
Rooms
Bathroom 1, Bathroom 6, Bathroom 8, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 5, Bathroom 7
Patio and Porch features
Porch
Exterior features
Balcony
Standard status
Active
APN
514216100050
Size
2,158 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
A SUB OF LOTS 1 & 2 OF BLK E HOLLYWOOD LITTLE RANCHES 3-19 B LOT 5
Tax Annual Amount
11322
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1954
Floors in Building
1
Number of units
4
Flooring type
Tile, Terrazzo
Building materials
Block, CBS, Concrete Block - No Stucco
Roof type
Barrel, Tile
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Tina N Levinger · License #3022815
(954) 675-1845
Added: May 8, 2025
Changed: Jul 25
Last Checked: Jul 27 at 2:06PM
MLS# F10502216
Copyright © 2026 BeachesMLS. 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 offering consists of three adjacent lots sold together under separate folio numbers: 2117, 2125, and 2127 Polk Street. The property is zoned DH-3, described in the listing as High Density Multi-Use, with residential/commercial use potential.
Per the provided information, each lot is 5,754 square feet, for a combined total of 17,262 square feet. The zoning is noted as allowing up to 40 units under a “40 unit concept,” and the listing also states a potential for additional units if developed vertically. The zoning is further described as permitting up to 140 feet, with a possibility of 10 stories.
The listing also references additional use possibilities including a self-storage facility, hotel/amusement, and automotive sales. No showings are scheduled until an executed contract is in place, and tenants should not be disturbed.
Per the provided information, each lot is 5,754 square feet, for a combined total of 17,262 square feet. The zoning is noted as allowing up to 40 units under a “40 unit concept,” and the listing also states a potential for additional units if developed vertically. The zoning is further described as permitting up to 140 feet, with a possibility of 10 stories.
The listing also references additional use possibilities including a self-storage facility, hotel/amusement, and automotive sales. No showings are scheduled until an executed contract is in place, and tenants should not be disturbed.
Key Highlights
- 3 adjacent lots sold together on Polk St with separate folio numbers (2117, 2125, 2127).
- Each lot is 5,754 sq ft; combined lot size is 17,262 sq ft.
- Zoned DH‑3 (High Density Multi Use), with capacity referenced as a 40‑unit concept; project could go vertical for more units.
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 | $58.3k | $27.00 |
| − Vacancy | −$3.0k | −$1.40 |
| EGI | $55.2k | $25.60 |
| − OpEx | −$16.6k | −$7.68 |
| NOI | $38.7k | $17.92 |
2,158 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$552.4K
$483.3K – $644.4K
NOI $38,665 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$513.8K
$449.6K – $599.5K
NOI $35,969 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$844.2K
$738.7K – $984.9K
NOI $59,095 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Three side-by-side, separately folioed lots are being sold together, zoned DH-3 for high-density multi-use.
Where is this quadplex located?
The property is located at 2125 Polk Street Hollywood, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 3 adjacent lots sold together on Polk St with separate folio numbers (2117, 2125, 2127).; Each lot is 5,754 sq ft; combined lot size is 17,262 sq ft.; Zoned DH‑3 (High Density Multi Use), with capacity referenced as a 40‑unit concept; project could go vertical for more units.
