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Zoned Multi-Family Income Property
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2434 Polk St, Hollywood, FL 33020

Income-producing multifamily asset on a TC-1 zoned lot with mixed-use and commercial use allowances.

Property Size1,265 SF
Lot Size9,800.00 Acres
Price / SF$631.62
Days on Market60

Property Features for 2434 Polk St

General Information

Standard status Active
Size 1,265 SF
Total Parking Spaces 4
Lot size 9,800.00 Acres
Property subtype Multifamily
Zoning TC-1

Additional Details

Business Included Yes

Building Details

Year Built 1947
Units 2
Listing Agency: Keller Williams Capital Realty
Listed By: Thomas Bichi · License #3261222
Source: Crexi
Added: Jun 17 Changed: Aug 8 Last Checked: Aug 14 at 5:52PM

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.

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

Current Use

Multifamily properties

Suggested Use

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4,651
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
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 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: 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.
(305) 608-6357 Call to check price and availability
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