2455 Polk Street
Hollywood, FL 33020
0.47Acre(Lot)
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
Property Details
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Map
What's Nearby
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Features
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Lot Information
Lot Dimensions: 20500 Lot Size Acres: 0.47 Lot Size Square Feet: 20,515 Lot Description: CityLotProperty Information
Subdivision: HOLLYWOOD LITTLE RANCHES Source Property Type: Land Postal Code Plus 4: 4315 Property SubType: Unimproved Land
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Listing Price Information
Listing Price: $2174500
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Tax Information
Parcel Number: 514216016470 Tax Year: 2024 Annual Tax: $17186 Tax Legal Desc: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 7 BLK 17
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School Information
Elementary School: Oakridge Junior High School: Olsen Senior High School: South Broward -
Utility Information
CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, TrashCollection, WaterAvailable -
Location Information
WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1409 Hollywood Blvd, Hollywood, FL, 33020 | $780,000 | -- | -- | -- | 9,682 Sqft(Lot) |
| 2229 Adams St, Hollywood, FL, 33020 | $760,000 | -- | -- | -- | 10,247 Sqft(Lot) |
| 1404 Jackson Street, Hollywood, FL, 33020 | $890,000 | -- | -- | -- | Acres (Lot)-- |
| 1452 Jefferson Street, Hollywood, FL, 33020 | $639,999 | -- | -- | -- | Acres (Lot)-- |
| 1601 N 16th Court, Hollywood, FL, 33020 | $540,000 | -- | -- | -- | Acres (Lot)-- |
| 1231 N 16th Court, Hollywood, FL, 33020 | $915,000 | -- | -- | -- | Acres (Lot)-- |
| 1741 Dewey Street, Hollywood, FL, 33020 | $1,849,000 | -- | -- | -- | Acres (Lot)-- |
| 699 S Federal Highway, Hollywood, FL, 33020 | $3,500,000 | -- | -- | -- | Acres (Lot)-- |
| 1100 N 17th Court, Hollywood, FL, 33020 | $850,000 | -- | -- | -- | Acres (Lot)-- |
| 1858 Fletcher Street, Hollywood, FL, 33020 | $1,100,000 | -- | -- | -- | Acres (Lot)-- |
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Nearby For Sale
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ByOwner last updated this listing 07/24/2026 @ 12:09
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