2040 Polk St

Hollywood, FL 33020
  • $1,799,000

    Price
  • 7

    Bed
  • 2

    Bath
  • 3,040

    SqFt

About the Listing 802135 - 276611465

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.

Listing Highlights

Status Active
Days on Site 39
Property Type Residential
MLS ® B26045526
Year Built 1945
Total Square Footage 3,040
Lot/Acreage 0.11
County Broward
Area 3050
Elementary School Hollywood Central
Middle School Olsen
High School South Broward

Interior Details

  • Bedrooms: 7
  • Bathrooms: 2 Full
  • Appliances: Microwave, Refrigerator
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Laminate,Tile,Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Furnished,Breakfast Area,Living/Dining Room,Pantry,Pets Allowed
  • Water: Public

Exterior Details

  • Lot Description: < 1/4 Acre
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Zoning: ND-3
  • Roof: Shingle
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Concrete,Open,On Street

Financial Details

  • Tax Amount: $14,478
  • Taxes w/Assessments: $632,110
  • Tax/Property ID: 514215011690
  • Tax Year: 2025

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2040 Polk St Hollywood, FL 33020

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Originating MLS: BEACH

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Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

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