2001 Polk St ,Special Purpose, Adult Congregate for Sale & Rent

2001 Polk St for Sale & Rent

Price $12,900,000.00

• Lot size 27270
• Year Build 1962
• Waterfront
• Zip 33020
• Style
• Parking Description
• Pool Yes
• Status Active

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.

HOLLYWOOD 1-21 B LOTS 14,15,16,17,BLK 11

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.

City:Hollywood,Zoning:ND-3,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:26.0135555,List Price:12900000,Listing Id:A11911306,Longitude:-80.1473348,Mls Status:Active,Year Built:1962,Postal Code:33020,Street Name:Polk St,Coordinates:1:26.0135555,Photos Count:23,Lot Size Units:Square Feet,M I A M I R E_ Area:3040,On Market Date:2025-11-19,Parcel Number:514215011970,Property Type:Commercial Sale,Street Number:2001,Public Remarks: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.,County Or Parish:Broward County,Expiration Date:2026-05-10,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4539,Property Sub Type:Special Purpose,State Or Province:FL,Tax Annual Amount:74596,Unparsed Address:2001 Polk St, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Operating Expense:2415599,Building Area Total:27270,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:23707,M I A M I R E_ Flood Zone:X,Original List Price:12900000,Public Survey Range:51,Senior Community Y N:1,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Net Operating Income:1120448,Syndication Remarks: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 Contract Date:2025-11-19,Originating System I D:miamire,Public Survey Section:15,Showing Instructions:Call Listing Agent,Street Number Numeric:2001,Tax Legal Description:HOLLYWOOD 1-21 B LOTS 14,15,16,17,BLK 11,Gross Scheduled Income:3536047,M I A M I R E_ Current Price:12900000,Public Survey Township:51,M I A M I R E_ Total Mortgage:7479807,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Geographic Area:Hollywood East (3010-3050),M I A M I R E_ Internet Remarks:Please visit Fausto Commercial Realty Inc.,M I A M I R E_ Parcel Number M L X:1970,M I A M I R E_ Street View Param:1$26.013553$-80.147375$44.51$13.33$1.00$Y44KIka4QqXf9GLdYNogFQ,Contract Status Change Date:2025-11-19,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:1,M I A M I R E_ Agent Alternate Phone:954-743-7594,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:2001 Polk St,M I A M I R E_ Multiple Offers Accepted Y N:1,Internet Automated Valuation Display Y N:1,