Home for Sale
$2,400,000
0 ba · 2,131 sqft
Hollywood, FL 33019 · MLS# A12099742 · Active · HOLLYWOOD CENTRAL BEACH
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: 4 studio units and 3 One(1) bedroom units, 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.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
318 Walnut St, Hollywood, FL 33019 · See all Hollywood homes for sale
Home for Sale
$2,400,000
0 ba · 2,131 sqft
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¤HOLLYWOOD LITTLE RANCHES
318 Walnut St is a multi-family home for sale in Hollywood, FL 33019. This property was listed for sale on October 6, 2026 by Pink Miami Real Estate, it's currently listed at $3,200,000. This listing's school district is Broward County Public Schools.