Quadruplex in 318 Walnut Street, Hollywood, FL 33019 for sale with MLS# A12099742

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: 4 studio units and 3 One(1) bedroom units, 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.

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318 Walnut Street, Hollywood, FL 33019

Price
Price:
$3,200,000.00
Original List Price:
$3,200,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
New Listing
Last Major Update on:
October 6, 2026 4:00 am
Measures
Lot Size Dimensions and Info:
6300
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Other
Heating
Heating System:
Other, Separate Meters
Construction
Year Built:
1959
Roof:
Other
Number of Units Total:
0
Levels:
Two
Construction Materials:
Other
Flooring:
Other
Number of stories:
1
Structure Type:
Multi Family
Flood Zone Code:
AO,AE,X
Taxes and Expenses
Tax Annual Amount:
$32,461.00
Tax Year:
2025
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
HOLLYWOOD CENTRAL BEACH
Senior Community:
No
Terms
Documents Available:
Existing Survey
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
HOLLYWOOD CENTRAL BEACH 4-20 B LOT 25,26 BLK 197
Real Estate Folio Number (Parcel Number):
514201027300
Zoning:
NBDD-DZ
Public Schools Assigned
Elementary School:
Dania
High School:
South Broward
Middle Or Junior School:
Olsen
Listing History
Active on the market since:
October 6, 2026
Listing Agreement executed on:
October 6, 2026
Listing Status Last Changed On:
October 6, 2026 4:00 am
Photos updated on:
October 6, 2026 5:36 pm
Last Modified:
October 16, 2026 7:07 pm
Additional Information
Courtesy of:
Pink Miami Real Estate
Attribution:
Not provided
Location
Street Name:
Walnut
Street Number:
318
City:
Hollywood
State:
Florida
Zip Code:
33019
County:
Broward
Latitude:
N26° 3' 2.4''
Longitude:
W81° 53' 13.1''
Street Suffix:
Street
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $94,824
Median Home Value $631,800
Median Rent $1,983/mo
Median Age 54
Population 13,168
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Association of REALTORS®
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