2543 Polk St - Residential LAND FOR SALE


Hollywood, FL 33020 20,517 SF
$2,350,000 USD
954-743-7594
2543 Polk St, Hollywood, FL for Sale
$2,350,000 USD
Residential LAND - FOR SALE
1/5
20,517 SF

2543 Polk St
Hollywood, FL 33020


HIGHLIGHTS

  • Approved plans for a 4-story building featuring 33 spacious one-bedroom apartments (nearly 1,000 sqft each)
  • Minutes away from Young Circle, Shopping, Dining and beaches
  • Structured Parking not required- making development cost more affordable (42 parking spaces)
  • Proforma rents of $2500 per unit, NOI of $787K Annually

OVERVIEW

Approved plans for a 4-story building featuring 33 spacious one-bedroom apartments, each 1,000 sqft, designed with modern finishes, private terraces, ADA compliance, and a sundeck. The project includes ground-level parking with all required spaces, eliminating the need for structured parking. Conveniently located just minutes from Young Circle, the beaches, and within walking distance to the Brightline train stop, this property offers unmatched potential. A rare chance to develop a high-quality multifamily project in a thriving and desirable area!

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/ACRE

$4,989,326/AC

PRICE/SF

$115 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Approved Plans for 33 Large Units

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.47 AC

LAND SF

20,517 SF

OFFSITE IMPROVEMENTS

-

ZONING

MC-1

APN/PARCEL ID

51-42-16-01-6570

ASK ABOUT THIS PROPERTY

Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.