2704 - 2710 POLK ST HOLLYWOOD
2704 - 2710 POLK ST HOLLYWOOD
2704 - 2710 POLK ST HOLLYWOOD
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2704-2710 Polk St
MULTIFAMILY INVESTMENT OPPORTUNITY IN HOLLYWOOD
City:Hollywood
Land area:19,756 SF
Property Status:
For Sale
Price
$1,520,000
Property Summary
Parking:
12 Private Spots
Zoning:
TC-1
NOI:
$102,143
Cap Rate:
6,72%
Description
APEX Capital Realty is excited to present an exclusive opportunity to acquire an assemblage of five income-generating private homes located just east of the I-95 corridor in one of the best areas of Hollywood, Florida.
The assemblage consists of four 3/2 private homes with one additional detached efficiency. The homes are an expansive 1,240 square feet each and have been upgraded with new tile floors, kitchens, appliances and bathrooms. There are central A/C units for all buildings and ample parking for residents and guests.
The five separate private homes are situated together on an expansive 19,756 SF private fenced community offering excellent security and safety. The properties are all fully leased and generate a total annual income of $128,400, providing exceptional current cash flow.
This prime site also offers excellent potential for future development, with current approvals in place for up to 33 residential units. This is a rare investment opportunity for multifamily operators to take advantage of the current high rental market while potentially redeveloping in the future.
The assemblage consists of four 3/2 private homes with one additional detached efficiency. The homes are an expansive 1,240 square feet each and have been upgraded with new tile floors, kitchens, appliances and bathrooms. There are central A/C units for all buildings and ample parking for residents and guests.
The five separate private homes are situated together on an expansive 19,756 SF private fenced community offering excellent security and safety. The properties are all fully leased and generate a total annual income of $128,400, providing exceptional current cash flow.
This prime site also offers excellent potential for future development, with current approvals in place for up to 33 residential units. This is a rare investment opportunity for multifamily operators to take advantage of the current high rental market while potentially redeveloping in the future.
Lot & Building Size Breakdown:
Buildings:
4,971 SF (Total)
Lot:
19,756 SF
Property Highlights
Private Homes: Four separate 3BR/2BA buildings
Efficiency: 1 detached efficiency apartment
Central Air Conditioned
Fenced in Community
100% Occupancy
40-Year Recertification Completed
Ample Private Parking
Details
Property size: 4,971 SF
Property Status:
For Sale
Property Type: Multifamily
Land Area: 19,756 SF
Address
City: Hollywood
State/country: Florida
Documents
Property Brochure 
2704-2710 Polk St
MULTIFAMILY INVESTMENT OPPORTUNITY IN HOLLYWOOD
City:Hollywood
Land area:19,756 SF
Property Status: For Sale
Price$1,520,000
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Send us a message through our form and someone from our team will get in touch with you shortly.
Our contacts
APEX Capital Realty
561 NE 79 ST Suite 420 Miami, FL 33138
(305) 570-2600
info@apexcapitalrealty.com
Press inquiries contact:
info@apexcapitalrealty.com
