2040 Polk Street, Hollywood, FL

$1,799,000

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3,040

Square feet

0.11

Acres

About 2040 Polk Street

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 available for sale separately, offering a rare chance to assemble nearly .40 acres for a larger-scale project. Own The Whole Block!

Features of 2040 Polk Street

MLS® # B26045137
USD $1,799,000
CAD $2,482,044
CNY 元12,073,449
EUR €1,548,063
GBP £1,328,966
RUB ₽156,065,229
Square Footage 3,040
Acres 0.11
Year Built 1945
Type Residential
Sub-Type Duplex
Restrictions No Restrictions
Status Active
HOPA No Hopa

Community Information

Address 2040 Polk Street
Area 3050
Subdivision Hollywood
City Hollywood
County Broward
State FL
Zip Code 33020

Amenities

Utilities Electricity Connected, Water Connected
Is Waterfront No
Has Pool No
Pets Allowed Yes, No Restrictions

Interior

Heating Central
Cooling Central Air
# of Stories 1
Stories One and One Half

Exterior

Exterior Features Awning(s), Garden
Roof Shingle
Construction Brick, CBS

School Information

Elementary Hollywood Central
Middle Olsen
High South Broward

Listing Details

Listing Map

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