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2720 Polk Street
Hollywood, FL 33020

$775,000 USD

Land For Sale  •  1.17 AC

Property Details

  • Property Type Land
  • Lot Size 1.17 AC
  • Zoning TC-1 & MC-1
39 Transit Score
60 Walk Score

Description

Apex Capital Realty, as an exclusive listing broker, is excited to present the unique opportunity to acquire a prime 1.38-acre (60,024 SF) boutique apartment development site strategically located in the fast-growing city of Hollywood, Florida.
This truly dynamic development site is “shovel-ready” and has complete approvals in place for a boutique 90- unit development spread over two distinct buildings. The Midtown 1 and 2 luxury development project consists of two separate 4-story buildings (45 units each) with surface parking located directly adjacent to the property.
The prospective buyer will be able to assume the approved plans and begin the permitting process immediately. The properties currently receive over $11,000 in income with month-to-month tenants providing ample revenue until construction begins. This is a unique opportunity to step into the city of Hollywood is situated in close proximity to major highways and transportation hubs, making it an ideal location for residents looking for convenient access to the region’s major metropolitan areas such as Miami and Fort Lauderdale.

Highlights

Strategic Location near 1-95, shops, retail and restaurants.

Public Transportation

Commuter RailDriveWalkDistance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 2 min 9 min 0.5 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 6 min - 2.2 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 10 min - 5.7 mi
Miami International 39 min - 23.6 mi
Ron Mann 305-490-1404 MCG Realty Advisors
Ron Mann 305-490-1404 MCG Realty Advisors