318 Walnut Street, Hollywood, FL 33019

$3,200,000

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List Price
$3,200,000
Days on Market
0
MLS#
A12099742
Subtype
Quadruplex
County
Broward
Subdivision
Hollywood Central Beach
Year Built
1959

Property Description

Rare opportunity to acquire a boutique 7-unit multifamily property a short walk from the beach in Hollywood's desirable North Beach neighborhood. Currently operating as a short-term rental portfolio with city and state licenses in place, this property offers exceptional flexibility — continue the turnkey hospitality operation, convert to long-term rentals, or pursue future redevelopment.Property Features: 7 units, all 1-bedroom/1-bathroom layouts, all rehabbed in 2023 with NEW ROOF. One-story building with on-site parking on 6,291 SF lot (0.15 acres). . Zoned NBBD-DZ, offering potential redevelopment opportunities (buyer to verify).Prime Location — a short walk to Hollywood Beach, the Broadwalk, the Intracoastal Waterway, plus restaurants, cafes, shopping, and entertainment.Investment Highlights: priced at land value; rental income is buyer upside. Operating short-term rental business with licenses in place. Ideal for boutique hospitality, vacation rentals (subject to local regulations), or a long-term multifamily hold. Redevelopment potential under current zoning — strong potential for 3 townhomes (buyer to verify with the city). The surrounding neighborhood continues to experience significant redevelopment, with luxury residential and boutique hospitality projects driving long-term appreciation. Buyer to verify all information.

Additional Information

Construction
Other
Cooling
Other
Flooring
Other
Heating
Other, Separate Meters
Roof
Other
Taxes
$32,461
Utilities
Cable Available
Stories
1
Elementary School
Dania
Middle School
Olsen
High School
South Broward

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Listing courtesy of Pink Miami Real Estate. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Damira Liberman | Email: damira@damiramiamihome.com