5746 Polk St Hollywood, FL 33021
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 5746 Polk St
- Year built
- 1954
- Property type
- Small apartment buildings
Description
This centrally located Hollywood, Florida duplex at 5746 Polk St presents a compelling investment opportunity. Built in 1954, this single-story property boasts two units: a spacious 3-bedroom, 2-bathroom unit with a den, currently vacant and projected to rent for $3,000 per month, and a 2-bedroom, 1-bathroom unit currently leased at $2,300 per month under an annual agreement. The combined potential monthly rental income is $5,300, offering significant upside potential. Recent improvements include a brand-new roof and the property features central air conditioning, separate electric and water meters for each unit, ample storage space including a large shed, and a 2-car carport with additional parking. Its convenient location just north of Hollywood Boulevard and 441 provides easy access to shopping, major highways, and the Hard Rock Casino. This property is ideal for investors seeking strong cash flow or owner-occupants looking to live in one unit while generating rental income from the other. The asking price is $650,000. Please respect the privacy of current tenants.
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
- -80.2034152
- Latitude
- 26.0117265
