2720 Polk Street - Residential LAND FOR SALE


Hollywood, FL 33020 50,922 SF
$775,000-$4,450,000 USD
305-490-1404
2720 Polk Street, Hollywood, FL for Sale
$775,000-$4,450,000 USD
Residential LAND - FOR SALE
1/3
50,922 SF

2720 Polk Street
Hollywood, FL 33020


HIGHLIGHTS

  • Strategic Location near 1-95, shops, retail and restaurants.

OVERVIEW

MCG Realty Advisors, as an exclusive listing broker, is excited to present the unique opportunity to acquire a prime 1.38-acre (60,024 SF) boutique apartment development site strategically located in the fast-growing city of Hollywood, Florida. This truly dynamic development site is “shovel-ready” and has complete approvals in place for a boutique 90- unit development spread over two distinct buildings. The Midtown 1 and 2 luxury development project consists of two separate 4-story buildings (45 units each) with surface parking located directly adjacent to the property. The prospective buyer will be able to assume the approved plans and begin the permitting process immediately. The properties currently receive over $11,000 in income with month-to-month tenants providing ample revenue until construction begins. This is a unique opportunity to step into the city of Hollywood is situated in close proximity to major highways and transportation hubs, making it an ideal location for residents looking for convenient access to the region’s major metropolitan areas such as Miami and Fort Lauderdale. FOR FULL BROCHURE: PLEASE CONTACT RON MANN DIRECTLY AT 305-490-1404 OR RON@MCG-REALTY.COM

FOR SALE DETAILS

PRICE

$775,000-$4,450,000 USD

PRICE/ACRE

$3,806,795/AC

PRICE/SF

$87 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Fully Approved Development Site | 90 Units

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Planned Unit Development

LAND ACRES

1.17 AC

LAND SF

50,920 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

TC-1 & MC-1

APN/PARCEL ID

51-42-16-02-3350,51-42-16-02-3370,51-42-16-02-3590,51-42-16-02-3630

ASK ABOUT THIS PROPERTY

Ron MannMCG Realty AdvisorsMore Info
305-490-1404

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Ron MannMCG Realty AdvisorsMore Info
305-490-1404

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