2127 Polk Street, Hollywood, FL 33020 — MLS photo

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2127 Polk Street, Hollywood, FL 33020

Active · Quadruplex

$1,000,000

2127 Polk Street, Hollywood, FL 33020

Beds
—
Baths
0
Living area
2,158 sq ft
$ / sq ft
$463/sq ft
Year built
1954
Lot size
—
HOA fee
—
Annual tax
—

About this property

HUGE INVESTOR/DEVELOPER OPPORTUNITY*3 adjacent lots w/ separate folio numbers being sold together. 2117, 2125,& 2127 side by side lots on Polk St. Zoned DH-3. This zoning is for High Density Multi Use. Each lot is 5754 Sq. Ft. Combining for a generous 17,262 Sq Ft lot with the zoning capacity of 40 unit concept. There may be an opportunity for more units if the project goes vertical. Zoning permits up to 140ft possibility of 10 stories. Additional uses are Self Storage Facility/Hotel/Amusement/automotive sales and much much more.2117 MLS Listing ID F10502637 2125 MLS Listing ID F10502216 2127 Listing ID F10502624 ****PLEASE DO NOT BOTHER THE TENANTS*** Zoning Requirements in supplements****NO SHOWINGS TILL EXECUTED CONTRACT****

Property location

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2127 Polk Street, Hollywood, FL 33020

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Facts & features

Interior

Bathrooms
0
Living area
2,158 sq ft

Exterior & Structure

Property type
Quadruplex
Year built
1954

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
F10502624
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$937

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-4.0%
Gross yield
8.0%
Mortgage payment
$4,741/mo
Down payment
$250,000
Loan amount
$750,000
Annual NOI
$45,647

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.