2455 Polk Street, Hollywood, FL 33020

$2,950,000
Property Type: Land & Docks Lot Size (sq. ft.): 20,515 Status: Active
Current Price: $2,950,000 List Date: 10/22/2026 Last Modified: 10/30/2026

Overview

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 with 42 parking spots: 15 units with 1 bed/1.5 bath, 10 units with 2 bed/2 bath, 5 units with 2 bed/2.5 bath. 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 Details MLS# A12111130

General Property Information

Property Sub Type
Unimproved Land
Number Of Lots
Yes
Lot Size Acres
0.47
Lot Size Square Feet
20515
Lot Size Dimensions
20500
Direction Faces
South
LP/SqFt
143.8

Property Features

Current Use: Check Land Use Plan; Residential; Unimproved Development Status: Recorded Plat; Other Documents Available: Building Permit; Engineering Study; Plat Map; Soil Boring Test; Survey Location of Property: City Location Other Structures: None Possession: Close Of Escrow Trees: Other Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available; Trash Removal Listing Terms: 1031 Exchange; Cash; Conventional; Owner Will Carry Road Responsibility: Public Maintained Road Road Surface Type: Paved Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2950000
LP/Acre
6276595.74

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
2455
Street Name
Polk
Street Suffix
Street
City Name
Hollywood
State Or Province
FL
Postal Code
33020
Postal Code +4
4315
Postal Zip
33020
Subdivision Name
HOLLYWOOD LITTLE RANCHES
Area
3050
Geographic Area
HWEA - Hollywood East (3010-3050)
Elementary School
Oakridge
Middle Or Junior School
Olsen
High School
South Broward
Parcel Number
514216016470
Subdivision Number
Yes
Zoning
MC-1
Flood Zone
X

Financial Information

Tax Year
2024
Tax Annual Amount
17186
Tax Legal Description
HOLLYWOOD LITTLE RANCHES 1-26 B LOT 7 BLK 17

Status Change Information

Major Change Timestamp
2026-10-22T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-10-22

More Information

Short Sale Details

Short Sale Addendum
No

Price Calculations

Current Price To SqFt
144.09

Section Details

Parcel Number MLX
6470

Originating Details

Originating System Key
568058570
Originating System ID
M00000151
IDX
Listing Office: Trybal Group LLC
Source MLS Verified
Last Updated: October - 30 - 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.

EQUAL HOUSING OPPORTUNITY. Exodus Realty, LLC is committed to fair housing. We do not discriminate on the basis of race, color, religion, sex, disability, familial status or national origin, or on the basis of age, marital status, sexual orientation or gender identity, which are also protected in Palm Beach County. We support equal housing opportunity for everyone.