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2040 Polk Street

Hollywood, FL 33020
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Bed 7

Bed

Bath 2

Bath

SqFt3,040

Sqft

Acres0.11

Acre(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 redevelopm ent, 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 : ResidentialIncome

Price : $1,799,000

AD Id : 85997016

MLS Id : B26045137

Beds : 7

Lot Size : 0.11 Acre

Living Area Size : 3,040

Year Built : 1945

County : Broward

Subdivision: Hollywood

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Feature Features

  • Interior Features

    Roof: Composition, Shingle
  • Heating & Cooling

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

  • Building Information

    Year Built: 1945
    Building Area Total: 3040
    Construction Materials: Brick, Block
    Stories: 1
    Pool Features: None
    Private Pool: No
  • Exterior Features

    Exterior Features: Awnings

  • Lot Information

    Lot Size Acres: 0.11 Lot Description: LessThanOneAcre,LessThanQuarterAcre

    Property Information

    Subdivision: Hollywood Source Property Type: ResidentialIncome MLS Area Minor: Hollywood East (3010-3050) Postal Code Plus 4: 4511 Zoning Description: ND-3 Property SubType: Duplex Levels: One Property Age: 81

  • Listing Price Information

    Listing Price: $1799000
    Cash, Conventional

  • Tax Information

    Parcel Number: 514215011690 Tax Year: 2025 Annual Tax: $14478 Tax Legal Desc: HOLLYWOOD 1-21 B LOT 1 BLK 10

  • Garage Information

    Pets Allowed: NoPetRestrictions

  • School Information

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

    ElectricityAvailable, WaterAvailable
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2512 Arthur Street, Hollywood, FL, 33020 $449,999 2 2 1,000 1,000 SqFt
1923 N 23rd Avenue, Hollywood, FL, 33020 $669,000 4 2 1,401 1,401 SqFt
2620 Harding Street, Hollywood, FL, 33020 $665,000 3 3 1,551 1,551 SqFt
Residentialincome, Hollywood, FL, 33020 $469,999 2 2 986 986 SqFt
930 N 14th Court, Hollywood, FL, 33020 $4,000,000 4 4 10,529 10,529 SqFt
1629 Mayo St, Hollywood, FL, 33020 $670,000 3 3 1,671 1,671 SqFt
1624-1630 Jackson Street, Hollywood, FL, 33020 $1,099,000 4 4 3,954 3,954 SqFt
1743 Rodman Street, Hollywood, FL, 33020 $1,295,000 2 3 2,585 2,585 SqFt
1123 N 17th Avenue, Hollywood, FL, 33020 $875,000 3 2 1,540 1,540 SqFt
1734 N 16th Court, Hollywood, FL, 33020 $599,000 3 2 1,926 1,926 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/10/2026 @ 17:40

MLS: B26045137 LISTED BY: Jordan Sorman, Signature International RE 561-404-7263 SOURCE: SEFMIAMI

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