2455 Polk Street
We’re pleased to present a rare shovel-ready development opportunity in the heart of Downtown Hollywood. This fully entitled 20,500 SF MC-1 zoned lot comes with approved construction plans and permits for a 3-story, 30-unit multifamily building. The project includes a mix of spacious 1- and 2-bedroom units, a rooftop deck with open-air pool, landscaped green space with BBQ area, and 42 covered parking spaces plus bicycle parking. With conventional financing, an investor could achieve 111% of Net Investment Return. Located just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, this site offers unbeatable access to restaurants, arts, transit (US-1, I-95), and year-round coastal lifestyle. All reports completed — geotechnical, zoning, site plan approval — allowing a buyer to close with permits in hand and begin construction immediately.
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Listed by Trybal Group LLC · 312-927-9724
Listing data comes from the participating MLS and is provided for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties shown may be listed by brokerages other than Pure Equity Realty LLC, and are marked with the listing office’s name. Information is deemed reliable but is not guaranteed accurate by the MLS or by Pure Equity Realty LLC, and should be independently verified. Data last updated September 17, 2026.