318 Walnut, Hollywood, FL 33019
Local realty services provided by:CENTURY 21 Move With Us
Listed by: damira liberman
Office: pink miami real estate
MLS#:A12099742
Source:FL_RAMC
Price summary
- Price:$3,200,000
About this home
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....
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Home facts
- Year built:1959
- Subdivision & Development:HOLLYWOOD CENTRAL BEACH
- Listing ID #:A12099742
- Added:49 day(s) ago
- Updated:November 10, 2026 at 04:31 PM
Structure and exterior
- Year built:1959
- Lot area:0.14 Acres
- Levels:1 Story
Utilities
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$3,200,000
- Tax amount:$32,461 (2025)
Parking
- Total parking spaces:6
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