Polk Street Assemblage
Polk Street Assemblage
Polk Street Assemblage
Polk Street Assemblage
Polk Street Assemblage
Polk Street Assemblage
Polk Street Land Assemblage, Hollywood, FL
Polk Street Land Assemblage
City:Hollywood
Land area:2.77 acres
Property Status:
For Sale
Price
$8,950,000
Property Summary
Parcels 1-4:
Fully Approved for the development of 90 units.
Parcels 5-6:
Current zoning allows for 33 units to be built.
Parcels 7-8:
Plans are in place for 72 units on these combined lots.
Description
Apex Capital Realty, as an exclusive listing broker, is excited to present the unique opportunity to acquire an assemblage of 8 separate multifamily development parcels strategically located in the fast-growing city of Hollywood, Florida.
Comprising a total of 2.77 acres (120,466 SF), the parcels are located in the highly sought-after Polk Street residential corridor offering direct access to the City Hall circle as well as major thoroughfares and the downtown business and entertainment district.
Allowing for the development of approximately 195 units over a full city block with approvals in place for several upscale projects, this is a unique opportunity to step into several ready-to-go projects and begin to build immediately.
The properties currently receive over $33,000 in income with month-to-month tenants providing ample revenue until construction begins.
Parcels 1-4: The Midtown 1 and 2 luxury development site is “shovel-ready” and has complete approvals in place for a boutique 90-unit development with surface parking located directly adjacent to the property. This 1.38-acre (60,024 SF) boutique apartment development will include a total of 78 (1BR) and 12 (2BR) units. Ample surface parking for 110 vehicles is included in the plans. The prospective buyer will be able to assume the approved plans and begin the permitting process immediately.
Parcels 5-6 With a combined 19,416 square feet, these parcels currently contain a series of income generating multifamily units. The parcels will allow for a total of 33 units to be built under current zoning allocation.
Parcels 7-8: Located just next to the famed City Hall Circle in Hollywood, these parcels include a total of 41,026 square feet of land perfectly situated for multifamily development. Current plans include a total of 72 units with an eclectic mix of 60 (1BR) and 12 (2BR) units designed around a large open green space open to the sky for maximum light and recreational activity. Ample parking is included directly in the development project for easy access to residents and guests. This is one of the fastest growing areas in Hollywood and a desirable destination for residents and businesses. The prospective buyer will be able to step into the approval process and use the existing plans for development.
For access to the Full Architectural and Structural plans, please contact Ron Mann directly at 305-490-1404 or ron@apexcapitalrealty.com
Comprising a total of 2.77 acres (120,466 SF), the parcels are located in the highly sought-after Polk Street residential corridor offering direct access to the City Hall circle as well as major thoroughfares and the downtown business and entertainment district.
Allowing for the development of approximately 195 units over a full city block with approvals in place for several upscale projects, this is a unique opportunity to step into several ready-to-go projects and begin to build immediately.
The properties currently receive over $33,000 in income with month-to-month tenants providing ample revenue until construction begins.
Parcels 1-4: The Midtown 1 and 2 luxury development site is “shovel-ready” and has complete approvals in place for a boutique 90-unit development with surface parking located directly adjacent to the property. This 1.38-acre (60,024 SF) boutique apartment development will include a total of 78 (1BR) and 12 (2BR) units. Ample surface parking for 110 vehicles is included in the plans. The prospective buyer will be able to assume the approved plans and begin the permitting process immediately.
Parcels 5-6 With a combined 19,416 square feet, these parcels currently contain a series of income generating multifamily units. The parcels will allow for a total of 33 units to be built under current zoning allocation.
Parcels 7-8: Located just next to the famed City Hall Circle in Hollywood, these parcels include a total of 41,026 square feet of land perfectly situated for multifamily development. Current plans include a total of 72 units with an eclectic mix of 60 (1BR) and 12 (2BR) units designed around a large open green space open to the sky for maximum light and recreational activity. Ample parking is included directly in the development project for easy access to residents and guests. This is one of the fastest growing areas in Hollywood and a desirable destination for residents and businesses. The prospective buyer will be able to step into the approval process and use the existing plans for development.
For access to the Full Architectural and Structural plans, please contact Ron Mann directly at 305-490-1404 or ron@apexcapitalrealty.com
Lot & Building Size Breakdown:
Total Land acres:
2.77
Total Land SF:
120,466 SF
Development of Approx:
195 Units
Details
Property size: 120,466 SF
Property Status:
For Sale
Property Type: Land Development
Land Area: 2.77 acres
Address
City: Hollywood
State/country: Florida
Documents
Property Brochure 
Polk Street Land Assemblage, Hollywood, FL
Polk Street Land Assemblage
City:Hollywood
Land area:2.77 acres
Property Status: For Sale
Price$8,950,000
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APEX Capital Realty
561 NE 79 ST Suite 420 Miami, FL 33138
(305) 570-2600
info@apexcapitalrealty.com
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