2621-2631 Polk St Hollywood, FL 33020
- Land
Current Use by Public Records
- Land
Property Details for 2621-2631 Polk St
- Property type
- Land
Description
This exceptional redevelopment opportunity encompasses a substantial 41,026 square foot assemblage located at 2621-2631 Polk Street in Hollywood, Florida, 33020. Situated adjacent to the renowned City Hall Circle, this prime parcel presents a unique chance to develop a thriving 72-unit multifamily complex. Current plans envision a dynamic mix of 60 one-bedroom and 12 two-bedroom units, thoughtfully designed around a spacious, open green area maximizing natural light and providing ample recreational space for residents. The development incorporates convenient on-site parking for residents and guests. This rapidly expanding area of Hollywood offers significant appeal to both residents and businesses, making this a highly attractive investment prospect. The asking price for this exceptional land parcel is $3,500,000. This is a rare opportunity to capitalize on the burgeoning growth and high demand for residential housing in this desirable location. The property's strategic location and well-conceived development plans promise strong returns for the discerning investor. Don't miss this chance to acquire a premier development site in one of Hollywood's most sought-after neighborhoods.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.16
- Latitude
- 26.0123
