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$2,900,000
For Sale

2314 Polk St,

Broward

Listed on August 3, 2025

Quadruplex

MLS® # A11847092
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
7,632 sqft
Parkings
18
Maintenance Fees
-
Annual Tax
$36,984

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
    8/14/2025
  • 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

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 2314 Polk St

Virtual Tour

Take a 3D tour of this property

Real estate trends

View trends of price in Hollywood over the last 12 months

Explore Broward

Learn about the area around 2314 Polk St

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 beautiful 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

Miami Association of REALTORS®
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.
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2314 Polk St