318 Walnut Street For Sale
Property Details
| Asking Price | $3,200,000 |
|---|---|
| Price per SqFt | — |
| Property Taxes | $32,461 2025 |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1959 |
| Pool | No |
| MLS # | A12099742 |
Location
From the listing
Rare opportunity to acquire a boutique 7-unit multifamily property a short walk from the beach in Hollywood's desirable North Beach neighborhood. Currently operating as a short-term rental portfolio with city and state licenses in place, this property offers exceptional flexibility — continue the turnkey hospitality operation, convert to long-term rentals, or pursue future redevelopment.Property Features: 7 units: 4 studio units and 3 One(1) bedroom units, all rehabbed in 2023 with NEW ROOF. One-story building with on-site parking on 6,291 SF lot (0.15 acres). . Zoned NBBD-DZ, offering potential redevelopment opportunities (buyer to verify).Prime Location — a short walk to Hollywood Beach, the Broadwalk, the Intracoastal Waterway, plus restaurants, cafes, shopping, and entertainment.Investment Highlights: priced at land value; rental income is buyer upside. Operating short-term rental business with licenses in place. Ideal for boutique hospitality, vacation rentals (subject to local regulations), or a long-term multifamily hold. Redevelopment potential under current zoning — strong potential for 3 townhomes (buyer to verify with the city). The surrounding neighborhood continues to experience significant redevelopment, with luxury residential and boutique hospitality projects driving long-term appreciation. Buyer to verify all information.
Listed by Pink Miami Real Estate
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $32,461 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 318 Walnut Street, Hollywood, FL 33019
Sales history is unavailable for this property
Listed by Pink Miami Real Estate. 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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318 Walnut Street, Hollywood · MLS A12099742 · $3,200,000
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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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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.