2001 Polk Street, Hollywood, FL 33020

$12,900,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11911306

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

Overview

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.

Listing Details MLS# A11911306

General Property Information

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

Property Features

Business Type: Adult Congregate Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 12900000

Location and Legal

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

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

More Information

Income and Expenses

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

Section Details

Parcel Number MLX: 1970

Originating Details

Originating System Key: 422993971
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Business Type

Adult Congregate: Yes

Showing Requirements

Call Listing Agent: Yes

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: May - 04 - 2026

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2001 Polk Street, Hollywood, FL 33020 (MLS# A11911306)