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Duplex With Redevelopment Potential
For Sale
Contact for pricing
Pending

2517 Polk St, Hollywood, FL 33020

MC-1 zoning allows consideration of a redevelopment plan reaching up to four stories.

Property SizeContact for details
Days on Market149

Property Features for 2517 Polk St

General Information

Standard status Pending
Property subtype Multifamily
Zoning MC-1

Property Condition

Severity Repairs Needed
Evidence Property in rehab condition.

Additional Details

Multifamily Units 2
Listing Agency: RE/MAX 5 Star Realty
Listed By: Gary Smith · License #0204503
Source: Crexi
Added: Apr 12 Changed: Sep 6 Last Checked: Sep 6 at 7:01PM

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 RE/MAX 5 Star Realty

Investment Insights

Based on property information with market context.

This duplex property at 2517 Polk St in Hollywood, Florida, currently contains a four-bedroom, two-bathroom configuration and is described as being in rehab condition. The existing residential improvements provide a defined starting point for renovation or redevelopment planning.

The property is zoned MC-1, with development potential of up to 4 stories and a potentially developable area of 15,384 square feet. Its Hollywood location and existing duplex use support consideration of both the current structure and a larger future project, subject to applicable approvals.

Key Highlights

  • MC‑1 zoning with development potential of up to 4 stories
  • Existing duplex with 4BR and 2BA
  • Potentially 15,384 sq ft of development area

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,414
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?
Duplex - MC-1 zoning allows consideration of a redevelopment plan reaching up to four stories.
Where is this duplex located?
The property is located at 2517 Polk St Hollywood, FL.
What are key features of this property?
This property features: MC‑1 zoning with development potential of up to 4 stories; Existing duplex with 4BR and 2BA; Potentially 15,384 sq ft of development area
More about this property
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