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318 Walnut Street

Hollywood, FL 33019
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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, all 1-bedroom/1-bathroom layouts, 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 High lights: 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,200,000

AD Id : 91699099

MLS Id : A12099742

Tax Amount : $32,461

Year Built : 1959

County : Broward

Subdivision: Renaissance On The Ocean

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Feature Features

  • Interior Features

    Roof: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Other, SeparateMeters Has Cooling: Yes Cooling: Other

  • Building Information

    Year Built: 1959
    Construction Materials: Other
    Private Pool: No

  • Lot Information

    Lot Dimensions: 6300

    Property Information

    Subdivision: HOLLYWOOD CENTRAL BEACH Source Property Type: ResidentialIncome MLS Area Minor: HWEA - Hollywood East (3010-3050) Postal Code Plus 4: 4604 Property SubType: Quadruplex Property Age: 67

  • Listing Price Information

    Listing Price: $3200000
    Cash, Conventional

  • Tax Information

    Parcel Number: 514201027300 Tax Year: 2025 Annual Tax: $32461 Tax Legal Desc: HOLLYWOOD CENTRAL BEACH 4-20 B LOT 25,26 BLK 197

  • Parking Information

    Parking Total: 6

  • School Information

    Elementary School: Dania Junior High School: Olsen Senior High School: South Broward
  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
300 Georgia Street #1-5, Hollywood, FL, 33019 $2,300,000 -- -- 3,476 5,237 Sq. Ft
2203 N Surf Road, Hollywood, FL, 33019 $6,200,000 10 9 8,240 --
335 Georgia Street, Hollywood, FL, 33019 $4,200,000 -- -- -- --
333 Palm Street, Hollywood, FL, 33019 $3,750,000 8 8 3,674 --
338 Roosevelt Street, Hollywood, FL, 33019 $1,390,000 -- -- 1,672 --

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ByOwner last updated this listing 10/07/2026 @ 12:52

MLS: A12099742 LISTED BY: Damira Liberman, Pink Miami Real Estate 305-605-7465 SOURCE: Beaches MLS

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