2040 Polk Street, Hollywood, FL 33020
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: jordan sorman
Office: signature international real e
MLS#:B26045137
Source:RMLS
Price summary
- Price:$1,649,000
- Price per sq. ft.:$542.43
About this home
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!...
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Home facts
- Year built:1945
- Subdivision & Development:Hollywood
- Listing ID #:B26045137
- Added:96 day(s) ago
- Updated:September 29, 2026 at 03:47 PM
Rooms and interior
- Total bathrooms:2
- Flooring:Laminate, Tile, Wood
- Living area:3,040 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1945
- Building area:3,040 sq. ft.
- Construction Materials:Block, Brick
- Exterior Features:Awnings
Schools
- High school:South Broward
- Middle school:Olsen
- Elementary school:Hollywood Central
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,649,000
- Price per sq. ft.:$542.43
- Tax amount:$14,478 (2025)
Parking
- Total parking spaces:4
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