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- 2314 Polk St
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Sold Conditional
Listed on August 3, 2025
2314 Polk St
$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 TypeQuadruplex
- Living Area7,632 sqft
- Year Built1972
- Lot Size-
- Stories-
- Annual Tax$36,984.00
- List Date8/3/2025
- Updated10/2/2025
- Last CheckedRecent
- MLS Number#A11847092
- BrokerageFausto Commercial Realty Consultants Inc
- Postal Code33020
- AreaBroward
- CityHollywood
Additional Property Features
- OccupancyCallAgent
- List Price$2,900,000.00
- Unit Number-
- ConstructionBrick,Block
- HeatingCentral
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningCentral Air
- ElevatorNo
- LockerNo
- Swimming PoolNone
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment Year2024
- AssignmentNo
- Extras IncludedNone
- Virtual TourView virtual tour
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
Learn about the price history of 2314 Polk St
Real estate trends
View trends of price in Hollywood over the last 12 months
Explore Broward
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Mortgage Calculator
Estimate monthly payments for 2314 Polk St
$0
20.0%
$2,900,000
1%
5.25%
10%
Estimated Monthly Payment
$13,903
Cash Flow Analysis
Mortgage Payment:
$13,902.55
Monthly Payment:
$16,984.55
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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About this property
Discover this impressive quadruplex in the heart of East Hollywood, Hollywood. This well-appointed property offers 7,632 square feet of living space. Originally built in 1972. Offered at $2,900,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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.
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2314 Polk St
2314 Polk St