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2040 Polk Street

Hollywood, FL 33020
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Bed 7

Bed

Bath 2

Bath

SqFt2,357

Sqft

SqFt4,699

Sqft(Lot)

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 redevelop ment, 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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,799,000

AD Id : 86290076

MLS Id : B26045526

Beds : 7

Lot Size : 4,699 Sqft

Living Area Size : 2,357

Year Built : 1945

County : Broward

Subdivision: Hollywood

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Map

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 3

    Roofing Information

    Shingle

    Flooring Information

    Laminate, Tile, Wood
  • Interior Features

    BreakfastArea, LivingDiningRoom, None, Other, Pantry
    Roof: Shingle
    Appliances: Microwave, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1945
    Building Area Total: 2576
    Construction Materials: Concrete, Stucco
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 4699 Lot Size Acres: 0.11 Lot Description: LessThanQuarterAcre

    Property Information

    Subdivision: Downtown Hollywood Source Property Type: Residential Postal Code Plus 4: 4511 Property SubType: Single Family Residence Direction Faces: West Levels: One Property Age: 81

  • Listing Price Information

    Listing Price: $1799000
    Cash, Conventional

  • Tax Information

    Parcel Number: 514215011690 Tax Year: 2025 Annual Tax: $14478.09 Tax Legal Desc: HOLLYWOOD 1-21 B LOT 1 BLK 10

  • Parking Information

    Parking Total: 4 Concrete, Open, OnStreet

    Garage Information

    Pets Allowed: NoPetRestrictions, Yes

  • School Information

    Elementary School: Hollywood Central Junior High School: Olsen Senior High School: South Broward
  • Utility Information

    CableAvailable, ElectricityConnected, PhoneConnected
  • Location Information

    WaterSource: Public Security Features: ClosedCircuitCameras,SmokeDetectors
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Nearby Home Value

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1829 Harding St, Hollywood, FL, 33020 $662,500 4 2 1,152 1,152 SqFt
1915 Mayo St, Hollywood, FL, 33020 $479,900 3 2 --
Residential, Hollywood, FL, 33020 $799,000 3 2 1,000 1,000 SqFt
2447 Fletcher St, Hollywood, FL, 33020 $530,000 3 1 --
1835 Roosevelt Street, Hollywood, FL, 33020 $569,000 3 3 1,416 1,416 SqFt
1825 Harding St, Hollywood, FL, 33020 $662,500 6 6 2,915 2,915 SqFt
1846 Wiley St, Hollywood, FL, 33020 $580,000 4 3 1,613 1,613 SqFt
1821 Harding St, Hollywood, FL, 33020 $662,500 3 2 1,196 1,196 SqFt
1532 Fletcher Street, Hollywood, FL, 33020 $799,900 3 3 1,608 1,608 SqFt
1501 Arthur St #5, Hollywood, FL, 33020 $150,000 1 1 825 825 SqFt

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ByOwner last updated this listing 06/26/2026 @ 14:38

MLS: B26045526 LISTED BY: Jordan Sorman, Signature International RE 561-404-7263 SOURCE: Beaches MLS

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