Home » Hollywood » 2847 Polk St, Hollywood, FL 33020 | A11475247

Triplex Sold 2847 Polk St, Hollywood, FL 33020

$499,000
closed for a price of $430,000

Property Highlights

Listing ID A11475247 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Triplex Living Space 1,827 Sqft/169.73 m2 approx. Building Area 2,294 Sqft/213.12 m2 approx. Year Built 1946 Time of this property from published date until Closing Date 45 Days

2847 Polk St, Hollywood, FL 33020

Property Description: Excellent Investment Opportunity in the heart of Hollywood, an area undergoing a vibrant revitalization & development boom. Priced strategically below market value, this 3-Unit occupies a prime location: between I-95 & US-1 & 1 block north of Hollywood Blvd. It sits on a large 10,252 SF fenced lot on a quiet residential street. Zoned Multifamily, up to 4 floors & Max Built Area Allowed of 15,378 SF. Main building is a 1,340 SF duplex with a 2/1 unit & a 1/1 unit. Detached cottage is a 487 SF studio. Short & Long Term rentals allowed. Once rehabbed, it could potentially yield over $65K in annual rental income. Minutes to beaches, shopping, dining, and FTL airport. This is the perfect time to own a valuable piece of this highly sought after real estate market & add to your rental portfolio.

Residential Income (Multifamily 2-4) Triplex Sold located at 2847 Polk St Hollywood FL 33020 in Broward County referenced as ID MLS # A11475247. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:No Contingencies
Original List Price:$499,000
Close Price:$430,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Tile
  • Vinyl
  • Terrazzo
Stories:1
Possible Use:
  • Investment

Property Features

Waterfront:No
Roof:
  • Barrel
  • Shingle
Window Features:
  • Blinds
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)

Taxes and Expenses

Tax Annual Amount:$2,463

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022

Terms

Documents Available:
  • Survey
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:HOLLYWOOD LITTLE RANCHES
Senior Community:No

Parking

Parking Total Spaces:2
Covered Spaces:0

Utilities

Sewer:
  • Septic Tank
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects Homestead Tax
Flood ZoneAH,X
Type of AssociationNone
Style Triplex
FEMA Flood Zone DesignationsAH,X
Subdivision Number2
Buyer Country of ResidenceUSA
Buy StateFlorida

Zoning and Legal

Tax Legal Description:HOLLYWOOD LITTLE RANCHES 1-26 B LOT 6 W1/2 BLK 41
Real Estate Folio Number (Parcel Number):514216026490
Zoning Description:MC-1
Public Survey Range:51
Public Survey Section:16

Listing History

Update/EventDate/Days
Published Date:October 29, 2023 12:01 am
On Market Date:October 29, 2023
Close Date:December 13, 2023
Price Change Date Time:October 24, 2023 10:58 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:December 13, 2023 10:58 pm
Status Last Changed:December 13, 2023 10:58 pm
Photos Last Modified:November 3, 2023 2:43 am
Last Modified:December 14, 2023 3:58 am
Days on the Market (updated on Last Modified*):11
Cumulative Days on the Market (updated on Last Modified**):11

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:23
Location:,,Less Than 1/4 Acre Lot
Included:,,
Geographical Area:Hollywood East (3010-3050)
Area:3050
Courtesy of:Coldwell Banker Realty
Universal Property Id:US-12011-N-514216026490-R-N

Location

Show Property Address:Yes
Street Name:Polk St
Street Number:2847
Street Address:2847 Polk St
City : Hollywood
State : Florida
Zip Code : 33020
County : Broward County
Full Address:2847 Polk St, Hollywood, FL 33020
Latitude:N26° 0' 44.7''
Longitude:W81° 50' 5.4''

Neighborhood

Postal City:Hollywood

Property Map