2001 Polk St, Hollywood FL 33020 | Broward County | A11911306
  • $12,900,000

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.

Property Overview

This is a -bedroom, -bath home of about square feet at 2001 Polk St, Hollywood FL 33020 (Hollywood 33020), listed at $12,900,000.

Monthly Costs, Stated Plainly

This home has no mandatory HOA (single-family / no association on record).

The tax of record is $74,596 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $270,900/yr (≈ $22,575/mo); with the homestead exemption on a primary residence, about $269,850/yr (≈ $22,488/mo). Confirm with the Broward Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 2001 Polk St is $12,900,000. While the MLS does not specify the furnished status, fixtures and built-in appliances typically convey with the home—always confirm specifics before proceeding. Community amenities, if any, would be shared through the HOA and not part of the home itself. For precise details on what’s included, connect directly with Christopher Lazaro, Hollywood Real Estate Agent, to review the property’s inclusions and avoid surprises.

Where exactly is it, and what should I know about the location?

2001 Polk St is located in Hollywood, FL 33020, positioned along the coveted coastal corridor just minutes from the Atlantic shoreline. This prime setting offers easy access to Hollywood Beach’s vibrant boardwalk, dining, and marinas while maintaining a tranquil residential atmosphere. For precise details on the area’s zoning, flood maps, or proximity to amenities, reach out directly to Christopher Lazaro, Hollywood Real Estate Agent, who can provide verified insights tailored to your needs.

What are the HOA / association fees, and what do they cover?

This distinguished Hollywood estate at 2001 Polk St has no mandatory HOA—it's a private, single-family home with no association on record. The owner maintains full autonomy over utilities, landscaping, and exterior upkeep, though all properties must comply with Hollywood's municipal ordinances. For precise clarity on local regulations or to discuss the $12,900,000 listing's unique advantages, connect directly with Christopher Lazaro, your Hollywood real estate advisor.

What are the property taxes and homestead implications?

The current property tax of record for 2001 Polk St is $74,596 (2024). As an estimate only — Florida reassesses at sale — at the $12,900,000 list price and Broward's approximate 2.1% rate: without homestead, expect around $270,900/yr (≈ $22,575/mo); with Florida's homestead exemption (which reduces taxable value for primary residences only), roughly $269,850/yr (≈ $22,488/mo). These are estimates, not quotes — consult the Broward Property Appraiser and a tax specialist for precise figures. For verified tax insights tailored to your situation, contact Christopher Lazaro, Hollywood Real Estate Agent.

Is the home in a flood zone, and what does that mean?

2001 Polk St is in a FEMA-designated flood zone, which indicates its risk level for flooding during storms or heavy rainfall. Flood zones range from minimal risk (like Zone X) to high-risk (like Zone AE or VE) — FEMA’s definitions clarify these categories, and you can View the FEMA flood map for this address to confirm specifics. Lenders often mandate flood insurance in high-risk zones, so I recommend consulting Christopher Lazaro, Hollywood Real Estate Agent, to discuss coverage options and verify the property’s exact requirements.

Are pets allowed?

As a single-family home at 2001 Polk St, this $12,900,000 property has no condo or HOA restrictions—pet policies are solely determined by the owner, within local ordinances and any active lease terms. Documented service animals and emotional support animals (ESAs) are protected under federal law. For clarity on current arrangements, connect directly with Christopher Lazaro, Hollywood Real Estate Agent.

How is the price set and is there room to negotiate?

The $12,900,000 listing reflects a tailored CMA accounting for the home’s rare Hollywood Hills location, architectural pedigree, and recent upgrades—but Broward’s broader market context matters too. Single-family homes here have recently closed at 96% of original list (MIAMI REALTORS®, May 2026), averaging 35 days to contract, suggesting measured negotiability. For precise Hollywood comps, Christopher Lazaro will provide a fresh CMA before you draft terms—reach him directly to strategize your strongest position.

What financing step do you recommend before touring?

Before touring 2001 Polk St, I strongly recommend securing a pre-approval from a licensed Florida mortgage professional — it clarifies your budget and strengthens your position when you’re ready to act. You can start the process at Get-PreApproved.com, ensuring you’re prepared for this $12,900,000 Hollywood property. Reach out to me, Christopher Lazaro, Hollywood Real Estate Agent, and I’ll personally verify your pre-approval aligns with the home’s value and your goals.

Have a question about this Hollywood listing?

Talk directly with Christopher Lazaro, your Hollywood real estate advisor. No pressure — real answers.

  • Address: Polk St
  • City: Hollywood
  • Zip/Postal Code: 33020

Details

Updated on July 5, 2026 at 6:43 am
  • Property ID A11911306
  • Price $12,900,000
  • Year Built 1962
  • Property Status Active, Commercial Sale

Additional details

  • Annual Tax 74596
  • Association No
  • Private Pool No
  • Waterfront No
  • Tax Year 2024
  • Building Area 27270
  • Flood Zone X
  • New Construction No
  • Lot Size (Sq Ft) 23707

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