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2001 Polk Street, Hollywood, FL 33020

$12,900,000
Property Type: Commercial Sale Square Footage: 27,270 Status: Active
Current Price: $12,900,000 List Date: 11/19/2025 Last Modified: 5/04/2026

Description

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 cash flow. Prime central location—just minutes to I-95, Fort Lauderdale–Hollywood International Airport, and Hollywood Beach—providing convenience for residents, staff, and families.

More Information MLS# A11911306

Contract Information

Comp Sale YN: No Listing Date: 2025-11-19 Status: Active Original List Price: 12900000 List Price: $12,900,000 Current Price: $12,900,000

Location and Legal

County Or Parish: Broward County Parish Name: Broward City Name: Hollywood Postal Code: 33020 Geographic Area: HWEA - Hollywood East (3010-3050) Subdivision Number: 1 Multiple Offers Accepted: Yes Flood Zone: X Country: United States Street Number: 2001 Street Name: Polk Street Suffix: Street State Or Province: FL Postal Code +4: 4539 Area: 3050 Parcel Number: 514215011970 Zoning: ND-3

General Property Information

Occupant Type: Call Listing Agent Lot Size Area: 23707 Property Sub Type: Business Building Area Main: 27270 Year Built: 1962 Lot Size Acres: 0.54

Office/Member Information

DXORIGMLSID: SEF

Business Type

Adult Congregate: 1

Showing Requirements

Call Listing Agent: 1

Section Details

Parcel Number MLX: 1970

Financial Information

Tax Annual Amount: 74596 Tax Year: 2024 Tax Legal Description: HOLLYWOOD 1-21 B LOTS 14,15,16,17,BLK 11

Status Change Information

Major Change Timestamp: 2025-11-19T22:09:21Z Major Change Type: New Listing Status Change Date: 2025-11-19

Income and Expenses

Gross Scheduled Income: 3536047 Net Operating Income: 1120448 Other Expense: 2415599

Originating Details

Originating System Key: 422993971 Originating System ID: M00000151

Property Features

Business Type: Adult Congregate Showing Requirements: Call Listing Agent
Listing Office: Fausto Commercial Realty Consultants Inc
Last Updated: May - 04 - 2026
2001 Polk Street, Hollywood, FL 33020- MLS# A11911306
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