2455 Polk St, Hollywood, FL 33020
Commercial Property 
Built in —— 
0.47acre lot
—— car garage 
$——/sqft 
Listed 6 days ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- July 20, 2026
- Data Last Updated:
- July 26, 2026 at 12:06PM
- Listing Office:
- Trybal Group LLC : 312-927-9724
- Listing Agent:
- Mike Kaplun : 312-423-7934
- MLS ID:
- A12056911
- Zoning: MC-1HOLLYWOOD LITTLE RANCHES 1-26 B LOT 7 BLK 17514216016470
- Current Use: Unimproved Multi Family (5+Units)
- Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedCable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableTrash RemovalWater Available
- Water: Municipal Water
- Sewer: Public Sanitation
- Source: Miami Association of REALTORS®
This listing courtesy of Mike Kaplun , Trybal Group LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
