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How this price compares

List price
$3,200,000
Price per sq ft
N/A
Original price
Unchanged
Days on market
N/A

This multi-family property in Hollywood Central Beach is listed at $3,200,000.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
1959
Year Built

Estimated monthly payment

$16,817 /mo

Principal and interest only, based on $640,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$3,200,000
Days on Site
0 Days
Bedrooms
0
Total Baths
0
Year Built
1959
Property Type
Multi-Family
MLS #
A12099742
Property Tax
$32,461 (2025)
Subdivision
HOLLYWOOD CENTRAL BEACH
County
Broward
Status
Active

About This Property

Rare opportunity to acquire a boutique 7-unit multifamily property a short walk from the beach in Hollywood's desirable North Beach neighborhood. Currently operating as a short-term rental portfolio with city and state licenses in place, this property offers exceptional flexibility — continue the turnkey hospitality operation, convert to long-term rentals, or pursue future redevelopment.Property Features: 7 units, all 1-bedroom/1-bathroom layouts, all rehabbed in 2023 with NEW ROOF. One-story building with on-site parking on 6,291 SF lot (0.15 acres). . Zoned NBBD-DZ, offering potential redevelopment opportunities (buyer to verify).Prime Location — a short walk to Hollywood Beach, the Broadwalk, the Intracoastal Waterway, plus restaurants, cafes, shopping, and entertainment.Investment Highlights: priced at land value; rental income is buyer upside. Operating short-term rental business with licenses in place. Ideal for boutique hospitality, vacation rentals (subject to local regulations), or a long-term multifamily hold. Redevelopment potential under current zoning — strong potential for 3 townhomes (buyer to verify with the city). The surrounding neighborhood continues to experience significant redevelopment, with luxury residential and boutique hospitality projects driving long-term appreciation. Buyer to verify all information.

Virtual Tour

General Features

Property Type
Multi-Family
Status
Active
Year Built
1959
Number of Stories
1
Structure Type
Multi Family
Sewer
Public Sewer
Zoning
NBDD-DZ

Interior Features

Cooling
Other
Heating
Other / Separate Meters
Flooring
Other

Exterior Features

Construction
Other
Roof
Other

Community & HOA

Utilities
Cable Available
Financing Terms
Cash / Conventional
MLS Area
3010

Schools

Elementary School
Dania
Middle School
Olsen
High School
South Broward

Hollywood Central Beach is a luxury waterfront, luxury community in Hollywood, Broward County, Florida. Properties are priced from $2,600,000 to $7,500,000. Pure Equity lists homes in Hollywood Central Beach 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
18
Median List Price
$2,650,000
Median $/Sq Ft
$1,037
Avg Days on Market
136
View all 18 homes for sale in Hollywood Central Beach →
How do I schedule a tour of 318 Walnut Street, Hollywood, FL 33019?
Use the Tour button on this listing to request a showing of 318 Walnut Street, Hollywood, FL 33019. 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 318 Walnut Street, Hollywood, FL 33019 still available?
318 Walnut Street, Hollywood, FL 33019 is currently listed as Active. 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 318 Walnut Street, Hollywood, FL 33019?
With 20% down ($640,000) on the $3,200,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 318 Walnut Street, Hollywood, FL 33019 is about $16,817/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 318 Walnut Street, Hollywood, FL 33019?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 318 Walnut Street, Hollywood, FL 33019. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 318 Walnut Street, Hollywood, FL 33019?
318 Walnut Street, Hollywood, FL 33019 is zoned for Dania (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 318 Walnut Street, Hollywood, FL 33019?
Often, yes. The right offer on 318 Walnut Street, Hollywood, FL 33019 depends on how it's priced against comparable multi-family 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 Pink Miami Real Estate

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 October 7, 2026.

$3,200,000

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Listed by Damira Liberman, Pink Miami Real Estate

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