2621-2631 Polk St Hollywood, FL 33020
Property summary
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.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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