Property Details
| Sold Price | $2,900,000 |
|---|---|
| Last Asking Price | $2,900,000 |
| Price per SqFt | $380 |
| Maintenance fee | Inquire |
| Property Taxes | $36,984 2024 |
| Interior Space | 7,632 SqFt |
| Beds/Baths | —/— |
| Year Built | 1972 |
| Closed Date | 3/12/2026 |
| MLS # | A11847092 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
We are pleased to present 2314 Polk St, a fully occupied 13-unit multifamily asset just minutes from Young Circle and Downtown Hollywood. The property features ten 1-bed units, two 2-bed units, and one studio—offering strong rental stability and demand. Recent upgrades include a new roof, central A/C, exterior paint, landscaping, and several renovated interiors. Additional income comes from coin laundry, and there is ample on-site parking. All leases are month-to-month with rents ~33% below market, allowing immediate upside. The property operates at a 5.5% cap rate with a 7% pro forma. Sitting on a 20,000 SF lot with favorable zoning, the site allows redevelopment of up to 37 units—making this a prime opportunity for investors and developers.
Listed by Fausto Commercial Realty Consultants Inc
Sales History for This Home · 2314 Polk St
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11847110 | $2,900,000 | 3/12/26 |
| A11572661 | $2,000,000 | 3/20/25 |
Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Hollywood and throughout South Florida.
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.