$2,174,500
Hollywood, FL 33020
MLS# A12056911
1 / 14
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.
Details
Maps
Contract Information
Comp Sale YN: No
LP/Acre: 4626595.74
LP/Frontage: 21745
Listing Date: 2026-07-20
Status: Active
Original List Price: 2174500
List Price: $2,174,500
Current Price: $2,174,500
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Hollywood
Postal Zip: 33020
Geographic Area: HWEA - Hollywood East (3010-3050)
Subdivision Number: 1
Flood Zone: X
Country: United States
Street Number: 2455
Street Name: Polk
Street Suffix: Street
State Or Province: FL
Postal Code: 33020
Postal Code +4: 4315
Subdivision Name: HOLLYWOOD LITTLE RANCHES
Area: 3050
Elementary School: Oakridge
Middle Or Junior School: Olsen
High School: South Broward
Parcel Number: 514216016470
Zoning: MC-1
General Property Information
Number Of Lots: 1
Lot Size Dimensions: 20500
Lot Depth: 205
Lot Frontage: 100
LP/SqFt: 106
Property Sub Type: Unimproved Land
Lot Size Acres: 0.47
Lot Size Square Feet: 20515
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Year: 2024
Tax Annual Amount: 17186
Tax Legal Description: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 7 BLK 17
Office/Member Information
DXORIGMLSID: SEF
Short Sale Details
Short Sale Addendum: No
Documents Available
Building Permit: 1
Engineering Study: 1
Plat Map: 1
PUD Plan Available: 1
Soil Boring Test: 1
Survey: 1
Comprehensive Plan Use
Other: 1
Current Use
Multi-Family: 1
Unimproved: 1
Environmental Audit
None: 1
Location of Property
City Location: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
County Jurisdiction: 1
Trees
Other: 1
Utilities
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Sewer Available: 1
Water Available: 1
Trash Removal: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Water Source
Public: 1
Income and Expenses
Inc/Exp Statement Period: 2026
Total Expenses: 402780
Gross Scheduled Income: 1150800
Net Operating Income: 748020
Showing Requirements
Call Listing Agent: 1
Price Calculations
Current Price To SqFt: 106.21
Section Details
Parcel Number MLX: 6470
Status Change Information
Major Change Timestamp: 2026-07-20T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-20
Originating Details
Originating System Key: 534217596
Originating System ID: M00000151
Property Features
Comprehensive Plan Use: Other
Current Use: Multi-Family; Unimproved
Documents Available: Building Permit; Engineering Study; Plat Map; PUD Plan Available; Soil Boring Test; Survey
Environmental Audit: None
Location of Property: City Location
Possession: Close Of Escrow
Sewer: Public Sewer
Special Information: County Jurisdiction
Trees: Other
Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available; Trash Removal
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Water Source: Public
Showing Requirements: Call Listing Agent
Listing Office: Trybal Group LLC
Last Updated: July - 21 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
