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2040 Polk Street, Hollywood, Florida 33020

Active For Sale
$1,799,000
  • Beds 7
  • Baths 2
  • Sq Ft 3,040 Sqft
  • Visits: 2 in 27 days

Description

Exceptional mixed-use redevelopment opportunity in the heart of Downtown Hollywood, Florida! Situated on a highly visible corner lot, this property is currently operating as a successful income-producing Airbnb and wellness spa, offering immediate cash flow while planning for future development. Zoned ND-3, this premier site allows for a wide variety of residential, commercial, office, hospitality, and mixed-use applications, with the potential to develop up to 10 stories. Located just steps from vibrant Hollywood Boulevard and surrounded by new development, restaurants, retail, entertainment, and luxury residential projects, this property sits in one of the fastest-growing and most dynamic corridors in Broward County. The area continues to experience significant investment and redevelopment, making this a rare opportunity for investors, developers, and owner-users alike. Ideal for a luxury residential tower, boutique mixed-use development, medical office, wellness center, law firm headquarters, professional office building, boutique hotel, or continued hospitality and spa operation. The corner location provides excellent visibility, accessibility, and long-term appreciation potential. Whether you’re seeking an income-producing asset today or a strategic land acquisition for tomorrow’s development, this property offers the flexibility, zoning, and location that sophisticated investors and developers are looking for. Some photos are virtual renderings.

Features

  • Heating System: Central
  • Cooling System: Central Air
  • Parking: On Street, Open, Concrete

Appliances

  • Appliances: Microwave, Refrigerator

Address Map

  • Country: US
  • State: FL
  • County: Broward
  • City: Hollywood
  • Subdivision: Downtown Hollywood
  • Zipcode: 33020
  • Street: Polk
  • Street Number: 2040
  • Street Suffix: Street
  • Floor Number: 0
  • Longitude: W81° 51' 4.8''
  • Latitude: N26° 0' 47.3''
  • MLS Area: 3050

MLS Addon

  • Accessibility Features: No
  • Association Fee: $0
  • Close Price: $0
  • Elementary School: Hollywood Central
  • Flooring: Tile, Wood, Laminate
  • High School: South Broward
  • Insurance Expense: $0
  • Interior Features: Breakfast Area, Living/Dining Room, Other, Pantry, None
  • Levels: One
  • Lot Features: < 1/4 Acre
  • Middle Or Junior School: Olsen
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 1
  • Tax Annual Amount: $14,478
  • Utilities: Cable Available, Electricity Connected, Phone Connected
  • Zoning: ND-3

Location

Listing Updated: 2026-07-11 15:17:23

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : B26045526
  • Price : $1,799,000
  • View : Lake
  • Bedrooms : 7
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 3,040 Sqft
  • Year Built : 1945
  • Lot Area : 0.11 Acre
  • Listing Status : Active
  • Days On Market : 26
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