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$ 1,100,000
Est. payment | /mo
0.47 Acres Lot
$ 1,100,000
Est. payment | /mo
0.47 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
Subdivision Hollywood Little Ranches
MLS Listing ID A11908015
HOA Y/N No
Annual Tax Amount $8,764
Tax Year 2024
Contingent Pending Inspections
Lot Size 0.470 Acres
Acres 0.47
Property Description
Exceptional development opportunity in the heart of Hollywood! Located at 2443 Polk Street, this 20,515 SF (.47 acre) lot is zoned MC-1, allowing for up to 33 units and 4 stories. The property currently features a 3-unit multifamily building generating $4,175/month (MTM) from a 2BD/1BA, 1BD/1BA, and a studio, offering immediate income while planning future development. Just 5 minutes to Downtown Hollywood, 10 minutes to the beach, and 10 minutes to Fort Lauderdale International Airport. Priced at $1,100,000, this site offers excellent upside and strong redevelopment potential.
Location
State FL
County Broward
Community Hollywood Little Ranches
Area 3050
Exterior
Utilities Available Electricity Available, Other, Sewer Available, Trash Collection
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Septic Tank
Water Public
Others
Tax ID 514216016460
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11908015
Listed by Fausto Commercial Realty Consultants Inc