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- Pink Miami
- Hollywood
- East Hollywood
- 2314 POLK ST
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Sold
Sold on March 12, 2026
2314 POLK ST
$2,900,000
$2,900,000
0 Beds
0 Baths
7,632 sqft
18 Parkings
Lot size:
-
Annual Tax:
$36,984
Occupancy:
Contact Agent
Year Built:
1972
Property type:
Multifamily
#MLS:
A11847092
Description
We are pleased to present 2314 Polk St, a fully occupied 13-unit multifamily asset just minutes from Young Circle and Downtown Hollywood. The property features ten 1-bed units, two 2-bed units, and one studio—offering strong rental stability and demand. Recent upgrades include a new roof, central A/C, exterior paint, landscaping, and several renovated interiors. Additional income comes from coin laundry, and there is ample on-site parking. All leases are month-to-month with rents ~33% below market, allowing immediate upside. The property operates at a 5.5% cap rate with a 7% pro forma. Sitting on a 20,000 SF lot with favorable zoning, the site allows redevelopment of up to 37 units—making this a prime opportunity for investors and developers.
Fausto Commercial Realty Consultants Inc
Features & Details
Learn about the features and details of 2314 POLK ST
Property Details
- Property Type:Quadruplex
- Living Area:7,632 sqft
- Year Built:1972
- Lot Size:-
- Stories:-
- Annual Tax:$36,984.00
- List Date:8/3/2025
- Updated:3/12/2026
- Last Checked:Recent
- MLS Number:#A11847092
- Brokerage:Fausto Commercial Realty Consultants Inc
- Postal Code:33020
- Area:Broward
- City:Hollywood
Additional Property Features
- Occupancy:CallAgent
- List Price:$2,900,000.00
- Unit Number:-
- Construction:Brick,Block
- Heating:Central
- Fireplaces:-
- Garage:-
- Parking Type:No
- Pets Allowed:No
- Air Conditioning:Central Air
- Elevator:No
- Locker:No
- Swimming Pool:None
- Patio:No
- Basement:No
- Den:No
- Central Vacuum:No
- Garage Type:No
Additional Listing Information
- Walk Score:–
- Property Manager:-
- Utilities Included:None
- Furnished:No
- Assessment Year:2024
- Assignment:No
- Extras Included:None
- Virtual Tour:View virtual tour
Inside
- Bedrooms & Baths:0 Bed, 0 Bath
- Ensuite:Yes
- Bathrooms:0
- Flooring:Mixed
Price history
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Real estate trends
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2314 POLK ST
$2,900,000
$2,900,000
Quadruplex
0
bed
0
bath
18
parking
7632 sqft
Fausto Commercial Realty Consultants Inc
Sold 8 months ago
2414 Johnson St
$2,900,000
$2,750,000
Quadruplex
0
bed
0
bath
17
parking
7623 sqft
Fausto Commercial Realty Consultants Inc
Sold 11 months ago
FAQs About 2314 POLK ST
2314 POLK ST, MLS® A11847092 has a size of 7632 sqft.
There are bedrooms and bathrooms in this Multifamily at 2314 POLK ST, MLS® A11847092.
Yes, there is parking available with 18 spot(s).
Annual taxes for this home are $36,984 based on 2024 tax year reports.
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
2314 POLK ST