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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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2455 Polk St , Hollywood, FL 33020
$2,174,500
Est. Payment: $4,832.22/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 59
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House Description

We’re pleased to present a rare shovel-ready development opportunity in the heart of Downtown Hollywood. This fully entitled 20,500 SF MC-1 zoned lot comes with approved construction plans and permits for a 3-story, 30-unit multifamily building. The project includes a mix of spacious 1- and 2-bedroom units, a rooftop deck with open-air pool, landscaped green space with BBQ area, and 42 covered parking spaces plus bicycle parking. With conventional financing, an investor could achieve 111% of Net Investment Return. Located just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, this site offers unbeatable access to restaurants, arts, transit (US-1, I-95), and year-round coastal lifestyle. All reports completed — geotechnical, zoning, site plan approval — allowing a buyer to close with permits in hand and begin construction immediately.

Highlights

Listed by Mike Kaplun , 312-423-7934 Trybal Group LLC , 312-927-9724.

Property Type

Vacant Land

Lot/Acreage
0.47

County

Broward

Area

3050

Neighborhood

Hollywood Little Ranches

Listing ID

A12056911

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:<1 Acre
Lot Dimensions:100x205
Zoning:MC-1
Sewer:Public Sewer
Principal Interest
$4,832
Taxes
$1,432

Home Price

$2,174,500

Loan Details

30 yrs
%

Down Payment

20%
$434,900
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:
$4,832.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,832.22 $1,432.17 $0.00 $6,264.39
Yearly $57,986.67 $17,186.00 $0.00 $75,172.67
Total $1,739,600.00 $515,580.00 $0.00 $2,255,180.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.