Basic Information

  • MLS # A12099742
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Hollywood Central Beach
  • Year Built 1959
  • Date Listed 10/06/2026
  • Days on Market 22
Description

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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Other
  • Parking Description
  • Roof Description Other
  • Style Quadruplex

Interior Features

  • Adjusted Sqft N/ASq.Ft
  • Cooling Description Other
  • Floor Description Other
  • Heating Description Other
  • Sqft N/ASq.Ft

Property Features

  • Address 318 Walnut St
  • Architectural Style Fourplex
  • City Hollywood
  • Construction Materials Other
  • County Broward
  • Furnished Info no
  • Levels One
  • Listing Terms Cash, Conventional
  • Lot Features Flood Zone, Less Than Quarter Acre
  • Occupant Type Vacant
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Hollywood
  • Public Survey Section One
  • Roof Other
  • Sewer Description Public Sewer
  • Stories 1
  • Subdivision Complex
  • Subdivision Info Hollywood Central Beach
  • Tax Amount $32,461
  • Tax Legal desc HOLLYWOOD CENTRAL BEACH 4-20 B LOT 25,26 BLK 197
  • Tax Year 2025
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Year Built Details Effective Year Built

318 Walnut St

Hollywood, FL 33019

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