2455 Polk St, Hollywood, FL 33020

About This Home

We’re pleased to present a rare shovel-ready development opportunity in the heart of Downtown Hollywood. This fully entitled 20,500 SF MC-1 zoned lot comes with approved construction plans and permits for a 3-story, 30-unit multifamily building. The project includes a mix of spacious 1- and 2-bedroom units, a rooftop deck with open-air pool, landscaped green space with BBQ area, and 42 covered parking spaces plus bicycle parking. With conventional financing, an investor could achieve 111% of Net Investment Return. Located just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, this site offers unbeatable access to restaurants, arts, transit (US-1, I-95), and year-round coastal lifestyle. All reports completed — geotechnical, zoning, site plan approval — allowing a buyer to close with permits in hand and begin construction immediately.

Building & Association

Building Name

HOLLYWOOD LITTLE RANCHES

Association

No

Lot & Construction

Lot Features

City Location, Less Than 1 Acre

Lot Size Square Feet

20,515

Waterfront

No

View

No

New Construction

No

Public Records

Parcel Number

514216016470

Tax Annual Amount

$17,186

Tax Year

2,024

Zoning

MC-1

County Or Parish

Broward County

Location