2040 Polk Street, Hollywood, FL 33020
- $1,799,000
- 3,040
- SqFt
- List Price
- $1,799,000
- Days on Market
- 36
- MLS#
- B26045137
- Sq. Ft
- 3,040
- Subtype
- Duplex
- County
- Broward
- Subdivision
- Hollywood
- Year Built
- 1945
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.
Additional Information
- Pets Allowed
- No Pet Restrictions, Yes
- Construction
- Brick, Block
- Cooling
- Central Air
- Flooring
- Laminate, Tile, Wood
- Heating
- Central
- Restrict
- NoRestrictions
- Roof
- Shingle
- Taxes
- $14,478
- Utilities
- Electricity Connected, Water Connected
- Stories
- 1
- Acres
- 0.11
- Price Per Sqft
- $591
- Elementary School
- Hollywood Central
- Middle School
- Olsen
- High School
- South Broward
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Listing courtesy of Signature International RE. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Jordan Sorman | Email: jordan@signatureflorida.com