For Sale
$8,950,000

2742-2720-2723-2741-2704 2710-2621-2631 Polk St Hollywood, FL 33020

Prime Multifamily Land, 2.77 Acres

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 2.77-acre (120,806 sq ft) land assemblage in Hollywood, Florida, presents a remarkable multifamily development opportunity. Located on Polk Street in Broward County, this property consists of eight separate parcels totaling 120,806 square feet, strategically positioned within a highly desirable residential corridor. The assemblage offers direct access to City Hall and major thoroughfares, placing it within easy reach of the vibrant downtown business and entertainment district. With approvals already secured for several upscale projects, this offering allows for the construction of approximately 195 residential units, effectively covering a full city block. This is a turnkey opportunity for immediate development, eliminating lengthy permitting processes and allowing for swift project commencement. The asking price for this prime development site is $8,950,000. The property's location in the rapidly growing city of Hollywood, Florida, ensures strong potential for significant return on investment. This assemblage represents a rare chance to acquire a substantial, fully approved development site in a highly sought-after location. The existing approvals streamline the development process, minimizing delays and maximizing efficiency. This is an exceptional opportunity for developers seeking a high-impact project in a thriving market. The zip code is 33020.

Highlights

  • 2.77-acre (120,806 sq ft) land assemblage in Hollywood, FL.
  • Eight separate parcels totaling 120,806 sq ft in a prime residential corridor.
  • Direct access to City Hall and major thoroughfares, near the downtown area.
  • Approved for ~195 residential units, covering a full city block.
  • Turnkey opportunity; permits secured, ready for immediate development.
  • Asking price: $8,950,000.

Property Details for 0 2742-2720-2723-2741-2704 2710-2621-2631 Polk St

Property type
Land

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0121049
Longitude
-80.1616541

FAQs

What type of property is this?
Land - Prime Multifamily Land, 2.77 Acres
Where is the land located?
The property is located at 2742-2720-2723-2741-2704 2710-2621-2631 Polk St Hollywood, FL.
What is the asking price?
The asking price for this property is $8,950,000.
What are key features of this property?
This property features: 2.77-acre (120,806 sq ft) land assemblage in Hollywood, FL.; Eight separate parcels totaling 120,806 sq ft in a prime residential corridor.; Direct access to City Hall and major thoroughfares, near the downtown area.
How can I contact the broker?
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0 2742-2720-2723-2741-2704 2710-2621-2631 Polk St
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