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

A12099742

709 of 756 for Sale
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an agent
  • Listed On:

    Oct 6, 2026
  • Days on Market:

    5
  • Year:

    1959
  • Taxes:

    $32,461 per year
  • Floor Description:

    Other
  • Occupancy:

  • Zoning:

  • Parking:

318 Walnut St Hollywood, FL 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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