318 Walnut St Hollywood, FL $ 3,200,000
318 Walnut St
$ 3,200,000
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318 Walnut St

Hollywood, FL, 33019
$ 3,200,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 22,102

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Multi-Family Home for sale in Hollywood, FL

for $3,200,000. This home was built in 1959.

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, all 1-bedroom/1-bathroom layouts, 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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Multi-Family Active

Price

$ 3,200,000

Property Type

Multi-Family

Taxes

$ 32,461

Style

Year Built

1959

Town/City

Hollywood

County/Region

Broward

MLS | Web ID

A12099742

Features
General
Sewer Public Sewer
Heating Other
Cooling Other
Utilities Cable Available
Possession Close Of Escrow
Roof Other
Architectural Style Fourplex
Pool Features None
Construction Materials Other
Year Built 1959
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2025
County Broward
Property Type Residential Income
Subdivision Name HOLLYWOOD CENTRAL BEACH
Rent Includes Electricity Cable TV
Status Active
City Hollywood
Disclosures None
Zoning Description NBDD-DZ
MLS Area 3010
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Effective Year Built
Tax Annual Amount 32461
MLS Area Minor Hollywood East (3010-3050)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12099742
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Quadruplex
Legal Description HOLLYWOOD CENTRAL BEACH 4-20 B LOT 25 26 BLK 197
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Interior
Flooring Other
Total Baths 0
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Exterior
Lot Features Flood Zone < 1/4 Acre
Total Parking 6
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Pink Miami Real Estate

Broker

damira@damiramiamihome.com

Email

Affordability Calculator

$24,807
Per Month
89%
11%
0%
Monthly Principal & Interest
$22,102
Monthly Property Taxes
$2,705
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/6/2026 $3,200,000 Listed Price

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318 Walnut St, Hollywood, FL, 33019 is a Multi-Family Home for sale at $3,200,000. 318 Walnut St has 0.0 baths and was built in 1959. The property's zip code is 33019 which is in Hollywood, FL