
318 Walnut St, Hollywood, FL 33019
Hollywood, FL 33019 · HOLLYWOOD CENTRAL BEACH
About 318 Walnut St, Hollywood, FL 33019
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.
How This Listing Compares in Hollywood
| This home | Hollywood median (12 mo) | |
|---|---|---|
| Days on market | 0 | 58 |
Medians from closed MLS sales in Hollywood; a starting point, not an appraisal.
Home Features at 318 Walnut St, Hollywood, FL 33019
- Flooring
- Other
- Heating
- Other
- Cooling
- Other
- Architectural Style
- Attached
- Pool Private
- No
- Year Built Details
- Effective Year Built
The Building at 318 Walnut St, Hollywood, FL 33019
- Building Name
- HOLLYWOOD CENTRAL BEACH
- Building Area Units
- Square Feet
- Stories
- 1
- Stories Total
- 1
- Association
- No
Lot, Views & Construction at 318 Walnut St, Hollywood, FL 33019
- Lot Features
- Less Than 1/4 Acre Lot
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- No
- Construction Materials
- Other
- Roof
- Other
- Sewer
- Public Sewer
- New Construction
- No
Taxes & Public Record for 318 Walnut St, Hollywood, FL 33019
- Parcel Number
- 514201027300
- Tax Annual Amount
- $32,461
- Tax Year
- 2,025
- Tax Legal Description
- HOLLYWOOD CENTRAL BEACH 4-20 B LOT 25,26 BLK 197
- Zoning
- NBDD-DZ
- County Or Parish
- Broward County
Map & Neighborhood
318 Walnut St, Hollywood, FL 33019 · More homes in Hollywood
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318 Walnut St, Hollywood, FL 33019 at a Glance
Offered for sale in Hollywood 33019, 318 Walnut St is a multi-family home, dating to 1959. The asking price is $3,200,000, on the market since October 6, 2026, with Pink Miami Real Estate as the listing brokerage. Public schools are run by the Broward County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.