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Polk Street Investment 3 Properties Offered at $4,048,168 CAD in Hollywood, FL
INVESTMENT HIGHLIGHTS
- Prime Developer Opportunity – Three adjacent lots (2117, 2125, & 2127 Polk St) sold together.
- Zoning: DH-3 – High Density Multi-Use (Residential + Commercial)
- Total Lot Size: 17,262 Sq. Ft. (Each lot: 5,754 Sq. Ft.)
- Development Potential: Concept plan for up to 40 units, possibility for more units if built vertically, and zoning allows up to 140 feet / 10 stories
EXECUTIVE SUMMARY
INVESTOR/DEVELOPER OPPORTUNITY*3 adjacent lots w/ separate folio numbers being sold together. 2117, 2125,& 2127 side by side lots on Polk St. Zoned DH-3. Great location situated just a short walk from active young circle with dining, retail and entertainment options driving strong rental demand and walkability appeal minutes from the beach. Convenience is the key with easy access to highways, transportation & schools the Hollywood market offers an ongoing urban revitalization inviting both investors and future tenants alike. Residential/Commercial This zoning is for High Density Multi Use. Each lot is 5754 Sq. Ft. Combining for a generous 17,262 Sq Ft lot with
the zoning capacity of 40 unit concept. There may be an opportunity for more units if the project goes vertical. Zoning permits up to 140ft possibility of 10 stories. Additional uses are Self Storage Facility/ Hotel/Amusement/ Automotive sales and much much more. Both 2125 & 2127 have existing 4-plexs respectively. All 8 units are 1 bedroom 1 bath apartments. Fully occupied and each rented for $1400 month. 2117 Polk St is an income-producing parcel of land generating $1,500 per month for boat storage. Current total gross income is $152,000 with low expenses netting approximately $95,000 year.
Contact me for more information and full potential. Tina Levinger 954-675-1845 LPT Realty Real Estate Reimagined !
2117 MLS Listing ID F10502637 2125 MLS Listing ID F10502216 2127 Listing ID F10502624 ****PLEASE DO NOT BOTHER THE TENANTS*** Zoning Requirements in supplements ****NO SHOWINGS TILL EXECUTED CONTRACT****
the zoning capacity of 40 unit concept. There may be an opportunity for more units if the project goes vertical. Zoning permits up to 140ft possibility of 10 stories. Additional uses are Self Storage Facility/ Hotel/Amusement/ Automotive sales and much much more. Both 2125 & 2127 have existing 4-plexs respectively. All 8 units are 1 bedroom 1 bath apartments. Fully occupied and each rented for $1400 month. 2117 Polk St is an income-producing parcel of land generating $1,500 per month for boat storage. Current total gross income is $152,000 with low expenses netting approximately $95,000 year.
Contact me for more information and full potential. Tina Levinger 954-675-1845 LPT Realty Real Estate Reimagined !
2117 MLS Listing ID F10502637 2125 MLS Listing ID F10502216 2127 Listing ID F10502624 ****PLEASE DO NOT BOTHER THE TENANTS*** Zoning Requirements in supplements ****NO SHOWINGS TILL EXECUTED CONTRACT****
PROPERTY FACTS
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2117 Polk St, Hollywood, FL 33020 | Land | 0.13 AC | - | - |
| 2125 Polk St, Hollywood, FL 33020 | Multifamily | 7,736 SF | 1953 | - |
| 2127 Polk St, Hollywood, FL 33020 | Multifamily | 5,964 SF | 1953 | - |
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