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2243 Polk Street, Hollywood, FL 33020
Active
114 Days on Market
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How this price compares

List price
$3,500,000
Price per sq ft
N/A
Original price
$3,600,000
Days on market
114

This lot in Hollywood Little Ranches is listed at $3,500,000. The asking price has come down 2.8% from its original $3,600,000. It has been on the market for 114 days.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
N/A
Year Built

Estimated monthly payment

$18,394 /mo

Principal and interest only, based on $700,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$3,500,000
Days on Site
114 Days
Bedrooms
0
Total Baths
0
Lot Size
0.92 Acres
Property Type
Land
MLS #
B26035431
Property Tax
$39,087 (2025)
Subdivision
HOLLYWOOD LITTLE RANCHES
Development
Hollywood Little Ranched
County
Broward
Status
Active
Special Conditions
Standard

About This Property

REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 40,200 SF, three parcel assemblage containing a 10plex, a 3plex and a single family home. It is estimated that the sites highest and best use is a 90 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 Sout REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING | 40,200 SF, three parcel assemblage containing a 10plex, a 3plex and a single family home. It is estimated that the sites highest and best use is a 90 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 $321,276 gross income and a $180,655 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.

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General Features

Property Type
Land
Status
Active
Direction Faces
South
Lot Size (Acres)
0.92
Sewer
Septic Tank
Water Source
Public
Zoning
DH-2

Exterior Features

Lot Features
Central Business District / City Lot
View
Garden

Community & HOA

Community Features
Sidewalks
Utilities
Cable Connected / Electricity Connected / Natural Gas Connected / Phone Connected / Water Connected
Financing Terms
Cash / Conventional / Exchange1031 / Owner Will Carry
MLS Area
3050

Schools

Elementary School
Oakridge
Middle School
Olsen
High School
South Broward

Hollywood Little Ranches is a community in Hollywood, Broward County, Florida. Active listings are priced from $379,000 to $1,200,000. Homes were built between 1924 and 2027. Pure Equity lists homes in Hollywood Little Ranches and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
85
Median List Price
$629,750
Median $/Sq Ft
$425
Avg Days on Market
156
View all 85 homes for sale in Hollywood Little Ranches →
How do I schedule a tour of 2243 Polk Street, Hollywood, FL 33020?
Use the Tour button on this listing to request a showing of 2243 Polk Street, Hollywood, FL 33020. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 2243 Polk Street, Hollywood, FL 33020 still available?
2243 Polk Street, Hollywood, FL 33020 is currently listed as Active, and has been on the market 114 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 2243 Polk Street, Hollywood, FL 33020?
With 20% down ($700,000) on the $3,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2243 Polk Street, Hollywood, FL 33020 is about $18,394/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 2243 Polk Street, Hollywood, FL 33020?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2243 Polk Street, Hollywood, FL 33020. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 2243 Polk Street, Hollywood, FL 33020?
2243 Polk Street, Hollywood, FL 33020 is zoned for Oakridge (elementary), Olsen (middle), South Broward (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 2243 Polk Street, Hollywood, FL 33020?
Often, yes. The right offer on 2243 Polk Street, Hollywood, FL 33020 depends on how it's priced against comparable land sales in Hollywood, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Media Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

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Listed by Peter Dacko III, Media Realty

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