2001 Polk Street, Hollywood, FL 33020
$12,900,000 · $473 per sq ft · Commercial for sale
- Property type: Business
- Asking price: $12,900,000
- Price per sq ft: $473
- Building size: 27,270 sq ft
- Lot size: 23,522 sq ft
- Zoning: ND-3
- Year built: 1962
- Net operating income: $1,120,448/yr
- Cap rate: 8.7%
- Parcel ID: 514215011970
- MLS#: A11911306
About this property
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.
Operating Statement
| Gross scheduled income | $3,536,047/yr |
|---|---|
| Property taxes | $74,596/yr |
| Other | $2,415,599/yr |
| Net operating income | $1,120,448/yr |
| Cap rate at asking price | 8.7% |
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Fausto Commercial Realty Consultants Inc · cfm@faustocommercial.com · Listing agent: Elior Levi
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 2001 Polk Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 2001 Polk Street
- How much is 2001 Polk Street?
- 2001 Polk Street is listed at $12,900,000, about $473 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is the cap rate on 2001 Polk Street?
- The listing reports net operating income of $1,120,448 a year, a cap rate of about 8.7% at the $12,900,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
- What is 2001 Polk Street zoned?
- The listing reports zoning of ND-3. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 2001 Polk Street?
- The listing reports 27,270 square feet of building.
- When was 2001 Polk Street built?
- 2001 Polk Street was built in 1962. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 2001 Polk Street?
- The listing reports annual property taxes of $74,596 for 2024. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 2001 Polk Street?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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