0 2720-2723-2741-2742 Polk StHollywood, FL 33020

This exceptional development opportunity in Hollywood, Florida, presents a fully approved 90-unit multifamily project, ready for immediate construction. Located at 2720-2723-2741-2742 Polk St, in Broward County, zip code 33020, this shovel-ready site comprises two distinct four-story buildings, each encompassing 45 units. The approved plans allow for a boutique luxury development, Midtown 1 and 2, with surface parking conveniently situated adjacent to the property. The current zoning and approvals eliminate lengthy permitting delays, allowing for a swift commencement of construction. Furthermore, the existing properties generate over $11,000 in monthly income from month-to-month tenants, providing a consistent revenue stream until construction begins. This prime location in Hollywood offers significant potential for a high-return investment in a thriving market. The asking price for this exceptional opportunity is $4,450,000. This is a truly dynamic development site with complete approvals in place.