Interior
- Bathrooms
- 0
Active · SpecialPurpose
$12,900,000
2001 Polk St, Hollywood, FL 33020
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1962
- Lot size
- 23,707 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Outstanding investment opportunity in the heart of Hollywood! This 105-bed licensed Assisted Living Facility at 2001 Polk St is a turnkey operation generating $3.5M+ in annual gross income with an 8.1% going-in cap rate. Fully occupied and professionally managed, the three-story 27,270 SF building is well-maintained and delivers consistent cash flow. Prime central location—just minutes to I-95, Fort Lauderdale–Hollywood International Airport, and Hollywood Beach—providing convenience for residents, staff, and families.
Property location
Get Directions2001 Polk St, Hollywood, FL 33020
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Facts & features
Exterior & Structure
- Property type
- SpecialPurpose
- Year built
- 1962
- Lot size
- 23,707 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Broward
- MLS listing ID
- A11911306
- 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
-$25,248
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $61,153/mo
- Down payment
- $3,225,000
- Loan amount
- $9,675,000
- Annual NOI
- $430,860
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.