Log In/Sign Up
Your email has been sent.
2001 Polk St - 105 Beds in a Prime Location 27,270 SF Health Care Building Offered at $17,788,197 CAD at a 8.11% Cap Rate in Hollywood, FL 33020
INVESTMENT HIGHLIGHTS
- Strong Financial Performance: Generates $3.5M+ in annual gross income with an 8.1% going-in cap rate.
- Stabilized & Turnkey: Fully occupied, professionally managed, and well-maintained for immediate cash flow.
- Operational Convenience: Central location offering easy access for residents, staff, medical providers, and visiting families.
- Large Licensed Facility: 105-bed Assisted Living Facility in a 27,270 SF, three-story building.
- Prime Hollywood Location: Minutes to I-95, Fort Lauderdale–Hollywood International Airport, and Hollywood Beach.
EXECUTIVE SUMMARY
Outstanding investment opportunity in the heart of Hollywood! This 105-bed licensed Assisted Living Facility at 2001 Polk St is a turnkey operation generating $3.5M+ in annual gross income with an 8.1% going-in cap rate. Fully occupied and professionally managed, the three-story 27,270 SF building is well-maintained and delivers consistent cash flow. Prime central location—just minutes to I-95, Fort Lauderdale–Hollywood International Airport, and Hollywood Beach—providing convenience for residents, staff, and families.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$4,875,961
|
$178.80
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$4,875,961
|
$178.80
|
| Taxes |
$102,863
|
$3.77
|
| Operating Expenses |
$3,330,942
|
$122.15
|
| Total Expenses |
$3,433,805
|
$125.92
|
| Net Operating Income |
$1,442,157
|
$52.88
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $4,875,961 |
| Annual Per SF | $178.80 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $4,875,961 |
| Annual Per SF | $178.80 |
| Taxes (CAD) | |
|---|---|
| Annual | $102,863 |
| Annual Per SF | $3.77 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,330,942 |
| Annual Per SF | $122.15 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $3,433,805 |
| Annual Per SF | $125.92 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $1,442,157 |
| Annual Per SF | $52.88 |
PROPERTY FACTS
| Price | $17,788,197 CAD | Building Size | 27,270 SF |
| Price Per Bed | $169,411 CAD | No. Beds | 105 |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 8.11% | Year Built | 1972 |
| Property Type | Health Care | ||
| Zoning | ND-3 | ||
| Price | $17,788,197 CAD |
| Price Per Bed | $169,411 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.11% |
| Property Type | Health Care |
| Building Size | 27,270 SF |
| No. Beds | 105 |
| No. Stories | 1 |
| Year Built | 1972 |
| Zoning | ND-3 |
1 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 51-42-15-01-1970 | Total Assessment | $3,971,109 CAD (2025) |
| Land Assessment | $568,298 CAD (2025) | Annual Taxes | $102,863 CAD ($3.77 CAD/SF) |
| Improvements Assessment | $3,402,811 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
51-42-15-01-1970
Land Assessment
$568,298 CAD (2025)
Improvements Assessment
$3,402,811 CAD (2025)
Total Assessment
$3,971,109 CAD (2025)
Annual Taxes
$102,863 CAD ($3.77 CAD/SF)
Tax Year
2024
1 of 29
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2001 Polk St - 105 Beds in a Prime Location
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.