318 Walnut St ,Attached, Quadruplex, Hollywood Central Beach for Sale

318 Walnut St for Sale

Price $3,200,000.00

• Lot size 0
• Year Build 1959
• Waterfront
• Zip 33019
• Style Attached
• Parking Description
• Pool Yes
• Status Active

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, 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.

HOLLYWOOD CENTRAL BEACH 4-20 B LOT 25,26 BLK 197

Less Than 1/4 Acre Lot

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.

City:Hollywood,Zoning:NBDD-DZ,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:26.0506526,Cooling Y N:1,Heating Y N:1,List Price:3200000,Listing Id:A12099742,Longitude:-80.1129794,Mls Status:Active,Year Built:1959,Postal Code:33019,Street Name:Walnut St,Coordinates:1:26.0506526,Photos Count:26,Building Name:HOLLYWOOD CENTRAL BEACH,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3010,M L S Area Major:Hollywood Central Beach,On Market Date:2026-10-06,Parcel Number:514201027300,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Electricity,Stories Total:1,Street Number:318,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2027-04-15,List Office Name:Pink Miami Real Estate,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4604,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:HOLLYWOOD CENTRAL BEACH,Tax Annual Amount:32461,Unparsed Address:318 Walnut St, Hollywood FL 33019,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AO,AE,X,Original List Price:3200000,Public Survey Range:51,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:7,Syndication Remarks: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.,Listing Contract Date:2026-10-06,Originating System I D:miamire,Showing Instructions:See Broker Remarks,Street Number Numeric:318,Tax Legal Description:HOLLYWOOD CENTRAL BEACH 4-20 B LOT 25,26 BLK 197,M I A M I R E_ Current Price:3200000,Public Survey Township:51,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Hollywood East (3010-3050),M I A M I R E_ Internet Remarks:7-unit boutique multifamily steps from Hollywood Beach. Rehabbed 2021, STR licenses in place. $3.2M priced at land value; 3-townhome potential.,M I A M I R E_ Parcel Number M L X:7300,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$26.050668$-80.113043$308.29$13.33$1.00$tkSg-kTQBTasVtkNK8wpxw,Contract Status Change Date:2026-10-06,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:2,M I A M I R E_ Fill From Record_ M U I:564264152,M I A M I R E_ Agent Alternate Phone:847-596-0055,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:318 Walnut St,Internet Automated Valuation Display Y N:1,