$1,650,000
SOLD MAR 20, 2025

2543 Polk St Hollywood, FL 33020

North Central Hollywood Neighborhood
0.47 Acre
$3,510,638 Price per Acre
20,473 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

28% Below List Price

67 Days on Market

About This Lot

As of March 2025

Approved plans for a 4-story building featuring 33 spacious one-bedroom apartments,
each 1,000 sqft, designed with modern finishes, private terraces, ADA compliance, and
a sundeck. The project includes ground-level parking with all required spaces,
eliminating the need for structured parking. Conveniently located just minutes from
Young Circle, the beaches, and within walking distance to the Brightline train stop, this
property offers unmatched potential. A rare chance to develop a high-quality
multifamily project in a thriving and desirable area!

Last Agent to Sell the Property

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869

Last Buyer's Agent

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,928

Year Built

  • 1948

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 100x205
  • Property is zoned MC-1

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Hollywood Little Ranches Condos
  • Hollywood Little Ranches Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514216016570

Property Details

Property Type

Land

Est. Annual Taxes

$21,928

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 0.47
  • Lot Size: 100x205
  • New Construction: No
  • Road Frontage Type: Public Road
  • Subdivision Name: HOLLYWOOD LITTLE RANCHES
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1948

Interior Features

  • Possible Use: Investment, Central Urban

Exterior Features

  • Lot Features: City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD LITTLE RANCHES

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 514216016570
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 20514
  • Zoning: MC-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 21928

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $1,650,000 -28.3% $124 / Sq Ft
01/12/2025 01/12/25 For Sale $2,300,000 -- $172 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,376 $1,035,280 $123,080 $912,200
2024 $12,578 $1,035,280 $123,080 $912,200
2023 $12,578 $538,580 $0 $0
2022 $11,193 $489,620 $0 $0
2021 $9,901 $445,110 $123,080 $322,030
2020 $9,147 $409,850 $123,080 $286,770
2019 $8,684 $404,310 $123,080 $281,230
2018 $8,325 $374,140 $123,080 $251,060
2017 $5,261 $198,370 $0 $0
2016 $4,573 $180,340 $0 $0
2015 $3,994 $163,950 $0 $0
2014 $6,747 $264,470 $0 $0
2013 -- $283,080 $41,030 $242,050
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $184,000 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,650,000 None Listed On Document
Warranty Deed $1,160,000 None Listed On Document
Special Warranty Deed $375,000 Firm Title Corp
Warranty Deed $680,000 Attorney
Warranty Deed $118,500 --
Warranty Deed $80,000 --
Warranty Deed $75,857 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11723108

MIAMI REALTORS® MLS

APN: 51-42-16-01-6570

Florida Broward County Hollywood 33020 North Central Hollywood

2543 Polk St, Hollywood, FL

Homes for Sale in Hollywood, FL

This home is located at 2543 Polk St, Hollywood, FL 33020 and is currently priced at $1,650,000, approximately $123 per square foot. This property was built in 1948. 2543 Polk St is a home located in Broward County with nearby schools including Oakridge Elementary School, Olsen Middle School, and South Broward High School.

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