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MLS #B26035448 image #0
REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING AT BELOW MARKET INTEREST RATES | ASKING $68/SF | 20,515 SF, two parcel assemblage containing a 3plex and a single-family home. It is estimated that the sites highest and best use is a 45 residential development in close proximity to the urban redevelopment core of downtown Hollywood. Hollywood’s Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County’s Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 20,515 SF, two parcel assemblage containing a 3plex and a single-family home. It is estimated that the sites highest and best use is a 45 residential development in close proximity to the urban redevelopment core of downtown Hollywood. For qualified purchasers, the seller will consider providing a purchase money mortgage with a below market interest rate with a 40% down payment. Hollywood’s Urban Renaissance: Why the Downtown Core Is Emerging as One of Broward County’s Most Compelling Redevelopment Stories For decades, Downtown Hollywood was overshadowed by Hollywood Beach to the east and the major employment centers of Fort Lauderdale and Miami. Today, that dynamic is changing rapidly. The city has quietly become one of South Florida’s most active urban infill redevelopment markets, driven by public infrastructure investment, transit accessibility, favorable zoning, and a growing pipeline of mixed-use and multifamily projects. More than 3,500 residential units have been approved or are under construction in and around Downtown Hollywood and its major corridors, creating a critical mass that is reshaping the city’s urban core. The subject property provides a $102,600 gross income and a $40,203 NOI. Positioned in the Path of South Broward’s Urban Renaissance Downtown Hollywood has emerged as one of South Florida’s most compelling redevelopment markets, offering a unique combination of favorable zoning, strong rental demand, and land values that remain attractive relative to more mature urban cores such as Brickell, Wynwood, Downtown Fort Lauderdale, and Flagler Village. Driven by a growing population of young professionals, healthcare workers, hospitality employees, airport-related businesses, and Miami commuters seeking affordability, the area continues to experience sustained multifamily demand. Combined with the walkability of Young Circle, ArtsPark, downtown dining and entertainment, and proximity to Hollywood Beach, the district offers the lifestyle amenities increasingly sought by today’s renters. Equally significant is the ongoing transformation occurring immediately south along the Federal Highway corridor in Hallandale Beach. As new mixed-use, multifamily, hospitality, and commercial developments continue to reshape Hallandale’s urban core, the redevelopment momentum between Downtown Hollywood and Aventura is creating a continuous South Broward growth corridor.
Current real estate data for Land in Hollywood as of Nov 03, 2026
79
Land Listed
250
Avg DOM
$1,804,441
Avg List Price
Listing Provided Courtesy of Media Realty at 954-923-2325

Property Details

Price:
$1,400,000
MLS #:
B26035448
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
HOLLYWOOD LITTLE RANCHES
Neighborhood:
3050
Listed Date:
Jun 1, 2026
Lot Size:
20,515 sqft / 0.47 acres (approx)
Hollywood Little RanchesOakridgeOlsenSouth BrowardGardenInvestment

Schools

Elementary School:
Oakridge
Middle School:
Olsen
High School:
South Broward

Interior

Exterior

Direction Faces
South
View
Garden

Financial

Tax Year
2025
Taxes
$11,213

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Property Summary

    Located in the HOLLYWOOD LITTLE RANCHES subdivision, 2235 Polk Street Hollywood FL is a Land for sale in Hollywood, FL, 33020. It is listed for $1,400,000 and features 0 acres. To schedule a showing of MLS#b26035448 at 2235 Polk Street in Hollywood, FL, contact your Trust House Realty agent at 9543362003.

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