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About the Listing SEFPIKR01 - SEF3501860
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.
Listing Highlights for 318 Walnut St
Interior Details
- Appliances:
- Air Cond:
- Heating: Separate Meters
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 6300
- Zoning: NBDD-DZ
- Roof: Other
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $32,461
- Taxes w/Assessments: N/A
- Tax/Property ID: 514201027300
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
318 Walnut St Hollywood, FL 33019
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