2001 Polk St

Hollywood, FL 33020
$12,900,000
Outstanding investment opportunity in the heart of Hollywood! This 105-bed licensed Assisted Living Facility at 2001 Polk St is a turnkey operation generating $3.5M+ in annual gross income with an 8.1% going-in cap rate. Fully occupied and professionally managed, the three-story 27,270 SF building is well-maintained and delivers consistent cashRead MoreRead Less
Courtesy of Fausto Commercial Realty Consultants Inc.
Listing Snapshot
Days Online
135
Last Updated
Property Type
Special Purpose
Lot Size
0.54 Acres
Year Built
1962
MLS Number
A11911306
30 Days Snapshot Of 33020
$350k
-27%
(avg) sold price
18
+50%
homes sold
118
+24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Year Built: 1962, Building Area Total: 27270
Community
Senior Community
Expenses
Operating Expense: 2415599
Income
Gross Scheduled Income: $3,536,047, Net Operating Income: $1,120,448
Lot
Square Feet: 23707
Taxes
Parcel Number: 514215011970, Tax Annual Amount: $74,596, Tax Legal Description: HOLLYWOOD 1-21 B LOTS 14,15,16,17, BLK 11, Tax Year: 2024
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Eddie Blanco
Realtor®
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