Hollywood, FL 33020,2847 Polk St
Hollywood, FL 33020,2847 Polk St
Hollywood, FL 33020,2847 Polk St
Hollywood, FL 33020,2847 Polk St
Hollywood, FL 33020,2847 Polk St
Hollywood, FL 33020,2847 Polk St
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$430,000

$499,000

13.8%
Est.Price: ?

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Est. payment /mo

1,827 SqFt


SOLD DATE : 12/13/2023

Key Details

Sold Price $430,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,827 sqft

Price per Sqft $235

Subdivision Hollywood Little Ranches

MLS Listing ID A11475247

Sold Date 12/13/23

Construction Status Resale

HOA Y/N No

Year Built 1946

Annual Tax Amount $2,463

Tax Year 2022

Contingent No Contingencies

Property Description

Excellent Investment Opportunity in the heart of Hollywood, an area undergoing a vibrant revitalization & development boom. Priced strategically below market value, this 3-Unit occupies a prime location: between I-95 & US-1 & 1 block north of Hollywood Blvd. It sits on a large 10,252 SF fenced lot on a quiet residential street. Zoned Multifamily, up to 4 floors & Max Built Area Allowed of 15,378 SF. Main building is a 1,340 SF duplex with a 2/1 unit & a 1/1 unit. Detached cottage is a 487 SF studio. Short & Long Term rentals allowed. Once rehabbed, it could potentially yield over $65K in annual rental income. Minutes to beaches, shopping, dining, and FTL airport. This is the perfect time to own a valuable piece of this highly sought after real estate market & add to your rental portfolio.

Location

State FL

County Broward County

Community Hollywood Little Ranches

Area 3050

Direction Take I-95 & exit on Hollywood Blvd going East. Left at N 24th Ave. Left at Polk St. Property is on right hand side.

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring Carpet, Terrazzo, Tile, Vinyl

Window Features Blinds

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Barrel,Shingle

Total Parking Spaces 2

Building

Lot Description < 1/4 Acre

Story 1

Sewer Septic Tank

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 514216026490

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Listed by Coldwell Banker Realty
Bought with Coldwell Banker Realty
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