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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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318 Walnut St , Hollywood, FL 33019
$3,200,000
Est. Payment: $17,083.35/mo
Status: active | Days on site: 10
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PIKR01 - 3501860
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House Description

Rare opportunity to acquire a boutique 7-unit multifamily property a short walk from the beach in Hollywood's desirable North Beach neighborhood. Currently operating as a short-term rental portfolio with city and state licenses in place, this property offers exceptional flexibility — continue the turnkey hospitality operation, convert to long-term rentals, or pursue future redevelopment. Property Features: 7 units: 4 studio units and 3 One(1) bedroom units, all rehabbed in 2023 with NEW ROOF. One-story building with on-site parking on 6,291 SF lot (0.15 acres). . Zoned NBBD-DZ, offering potential redevelopment opportunities (buyer to verify). Prime Location — a short walk to Hollywood Beach, the Broadwalk, the Intracoastal Waterway, plus restaurants, cafes, shopping, and entertainment. Investment Highlights: priced at land value; rental income is buyer upside. Operating short-term rental business with licenses in place. Ideal for boutique hospitality, vacation rentals (subject to local regulations), or a long-term multifamily hold. Redevelopment potential under current zoning — strong potential for 3 townhomes (buyer to verify with the city). The surrounding neighborhood continues to experience significant redevelopment, with luxury residential and boutique hospitality projects driving long-term appreciation. Buyer to verify all information.

Highlights

Listed by Damira Liberman , 847-596-0055 Pink Miami Real Estate , 305-605-7465. REALTOR Association of Greater Miami and the Beach

Property Type

Multi-Family

Year Built

1959

County

Broward

Area

3010

Neighborhood

Hollywood Central Beach

Listing ID

A12099742

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Interior Features

Exterior Features

Lot:Flood Zone,< 1/4 Acre
Garage Capacity:6
Zoning:NBDD-DZ
Roof:Other
Sewer:Public Sewer
Principal Interest
$17,083
Taxes
$2,705

Home Price

$3,200,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$640,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$17,083.35

Principal

Taxes

Principal Taxes HOA Total
Monthly $17,083.35 $2,705.08 $0.00 $19,788.44
Yearly $205,000.24 $32,461.00 $0.00 $237,461.24
Total $6,150,007.33 $973,830.00 $0.00 $7,123,837.33

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-02T11:06:10.000Z

© 2026 REALTOR Association of Greater Miami and the Beach