2742-2720-2723-2741-2704 2710-2621-2631 Polk St Hollywood, FL 33020
- Land
Current Use by Public Records
- Land
Property Details for 0 2742-2720-2723-2741-2704 2710-2621-2631 Polk St
- Property type
- Land
Description
This exceptional 2.77-acre (120,806 sq ft) land assemblage in Hollywood, Florida, presents a remarkable multifamily development opportunity. Located on Polk Street in Broward County, this property consists of eight separate parcels totaling 120,806 square feet, strategically positioned within a highly desirable residential corridor. The assemblage offers direct access to City Hall and major thoroughfares, placing it within easy reach of the vibrant downtown business and entertainment district. With approvals already secured for several upscale projects, this offering allows for the construction of approximately 195 residential units, effectively covering a full city block. This is a turnkey opportunity for immediate development, eliminating lengthy permitting processes and allowing for swift project commencement. The asking price for this prime development site is $8,950,000. The property's location in the rapidly growing city of Hollywood, Florida, ensures strong potential for significant return on investment. This assemblage represents a rare chance to acquire a substantial, fully approved development site in a highly sought-after location. The existing approvals streamline the development process, minimizing delays and maximizing efficiency. This is an exceptional opportunity for developers seeking a high-impact project in a thriving market. The zip code is 33020.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1617
- Latitude
- 26.0121
