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317 Polk Street

Hollywood, FL 33019
  • $4,200,000
  • STATUS: Active
  • ON SITE: 184 Days
  • MLS #: F10324052
UPDATED: 71 min ago
$4,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

An opportunity to acquire this unique property just steps from the Hollywood Beach!! Great for investors or developers!! Villa Sinclair Beach Suites offers 7 large furnished suites with full kitchens and bathrooms, a Hookah Lounge/Bar with Beer & Wine license, sitting on approx. 6,400 SF Lot (3,480 SF/AC+4,680 SF Outdoor). Can also be rebuilt into a 6 Story, 12 Unit Condo Building or add 1 more floor to the current building to give a rooftop bar plus deck for entertaining! New owner can earn over a 7.5% return based on 2021 income & expenses. Owner made many improvements to the property including 48 Hurricane impact Windows, 28 Aluminum Bahamian Shutters, 160'Hurricaine Proof Fence, 12 x 12,000 BTU Mini Split A/C units and much more! REAL ESTATE INCLUDED! Video tour and 100 gallery photos.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2022 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2022-09-29T18:18:31.833.
www.welovesouthflorida.com/homes/127130170
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317 Polk Street Hollywood, FL 33019

  • Price: $4,200,000
  • Status: Active
  • On Site: 184 Days
  • Updated: 71 min ago
  • MLS #: F10324052
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Hollywood Beach
County:
Broward
Area:
3030
Property Description
An opportunity to acquire this unique property just steps from the Hollywood Beach!! Great for investors or developers!! Villa Sinclair Beach Suites offers 7 large furnished suites with full kitchens and bathrooms, a Hookah Lounge/Bar with Beer & Wine license, sitting on approx. 6,400 SF Lot (3,480 SF/AC+4,680 SF Outdoor). Can also be rebuilt into a 6 Story, 12 Unit Condo Building or add 1 more floor to the current building to give a rooftop bar plus deck for entertaining! New owner can earn over a 7.5% return based on 2021 income & expenses. Owner made many improvements to the property including 48 Hurricane impact Windows, 28 Aluminum Bahamian Shutters, 160'Hurricaine Proof Fence, 12 x 12,000 BTU Mini Split A/C units and much more! REAL ESTATE INCLUDED! Video tour and 100 gallery photos.
Exterior Features

Approximate Lot Size 6380 Construction Type Concrete Block ConstructionStucco Exterior Construction Lot Description Less Than 1/4 Acre Lot Parking Spaces 0 Pool No Property Type Information Stairs Roof Description Comp Shingle Roof Spa Yes Style Fourplex Type Of Property Fourplex Waterfront Property YN No

Interior Features

Cooling Description Wall/Window Unit Cooling Floor Description Tile Floors Heating Description Other

Property Features

Association Type None Auction YN No Cable Available Yes Gated Community YN No Geographic Area Hollywood East (3010-3050) Information Available Other Available Information Possession Information Funding Rent Includes Cable TvElectricHot WaterPest ControlSewerWater REO No Sewer Description Municipal Sewer Short Sale No Subdivision Name Hollywood Beach Tax Amount 21836 Tax Information Tax Reflects No Homestead Tax Tax Year 2021 Terms Considered CashConventional Total Expenses 227000 Year Built Description Resale Zoning Information Brt-25-C

Listing provided courtesy of Kensington & Company Inc: (954) 523-3338. Listing information © 2022 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2022 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2022-09-29T18:18:31.833.
 
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9640 Stirling Rd, Suite 108
Cooper City FL, 33024