2455 Polk Street, Hollywood, FL, 33020
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.
Status:
Active
Type:
Lot / Acreage
Zoning:
MC-1
Subdivision:
HOLLYWOOD LITTLE RANCHES
Lot Size:
20500
Acreage:
0.47
Est. Taxes:
$17,186
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Trash Removal
Elementary School:
Oakridge
Middle School:
Olsen
High School:
South Broward
MLS #:
A12056911
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2026 Beaches Multiple Listing Service, Inc
Listing courtesy of Trybal Group LLC 312-927-9724