ActiveMLS# 11924619020 days on market
$3,200,000
318 Walnut Street
Hollywood, FL, 33019
0Bedrooms
0Bathrooms
—Sq Ft
1959Year Built
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About This Property

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.

Key Features

  • Built in 1959

Property Details

  • Type: Single Family Home
  • Year Built: 1959
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: Built in 1959
  • Status: Active
  • MLS Number: 1192461902
  • Days on Market: 0
  • Listed By: Pink Miami Real Estate · Damira Liberman
  • Zip Code: 33019
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$3,200,000318 Walnut Street, Hollywood, FL
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