Active single SALE

2040 Polk Street, Hollywood, Florida 33020

Hollywood, FL 33020

$1,799,000

7 beds

2 baths

3,040 sqft

1 / 46

Property Details

MLS# B26045526

Type Single

Square Footage 3,040

Bedrooms 7

Bathrooms 2 full

Year Built 1945

Tax Amount $14,478

Property 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. NOTE: The adjoining property at 219 N 21st Ave is also for sale separately, offering a rare chance to assemble nearly .40 acres for a larger-scale project. Own The Whole Block!

Amenities

1 Stories

Breakfast Area

Breakfast Area, Living/Dining Room, None, Other, Pantry

Built 1945

Cooling: Central Air

Heating: Central

Living/Dining Room

None

Other

Pantry

Payment Calculator

$0.00 per month

30 Year Fixed, 6.59% Interest

Principal & Interest

$0.00

Property Tax

$0.00

Mortgage Insurance

$0.00

HOA

$0.00

Home Owners Insurance

$0.00

Home Price

Interest Rate

Down Payment

Property Location

Listing Office: Signature International Real E

Listing Agent: Jordan Sorman

All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Updated: 09/17/2026 5:39 PM

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