2040 Polk Street, Hollywood, FL 33020

$1,799,000

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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 pictures are virtual renderings of future potential projects.

2040 Polk Street | MLS# B26045128

This commercial property located at 2040 Polk Street, Hollywood, FL 33020 is currently listed for sale with an asking price of $1,799,000. Search Hollywood real estate on timhack.watsonrealtycorp.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air, Central Building
Fenced: Yes
Heating: Central Building
Lot Size: 0.11 Acres
Roof Type: Composition, Shingle
Stories: 1.0
Taxes: $14,478
Year Built: 1945
Square Feet: 3,040

Feature Descriptions

Building Features: Meeting Room(s), Private Restroom(s), Awning/Hurricane Covers, Fenced Area, Kitchen Facilities, Owner Help Accommodate
Days on Site: 25
Exterior: Brick, Concrete Block - No Stucco
Flooring: Concrete, Ceramic Tile, Tile, Wood
Lot: Corner Lot
Lot: Corner Lot
Parcel#: 514215011690
Parking: Assigned, Common, Guest
Parking Notes: Assigned, Common, Guest
Security: Closed Circuit Camera(s), Other, Smoke Detector(s)
Sewer: Public Sewer
Structure Type: Mixed Use
Utilities: Electricity Connected, Sewer Connected, Water Connected
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: Signature International RE
Agency Phone: 561-404-7263

Shown By

Agent Name: Tim Hack
Agent Phone: (386) 740-5945
Agency Title: Watson Realty Corp., REALTORS ®

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/20/2026. The listing information on this page last changed on 07/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 07/20/2026 12:14:15 AM EST) or GAMLS (last updated Sun 07/19/2026 7:01:34 AM EST) or Stellar MLS (last updated Sun 07/19/2026 11:58:47 PM EST) or SPC MLS (last updated Sun 07/19/2026 11:21:11 PM EST) or Martin MLS (last updated Sun 07/19/2026 11:38:08 PM EST) or Indian River MLS (last updated Sun 07/19/2026 11:30:10 PM EST) or Daytona MLS (last updated Sun 07/19/2026 11:36:44 PM EST) or Northeast Florida MLS (last updated Mon 07/20/2026 12:08:54 AM EST) or Beaches MLS (last updated Mon 07/20/2026 12:07:19 AM EST) or BORMLS (last updated Sun 07/19/2026 11:16:09 PM EST) or Scout MLS (Golden Isles) (last updated Sun 07/19/2026 7:06:16 AM EST) or Amelia/Nassau MLS (last updated Sun 07/19/2026 11:25:13 PM EST) or Dixie Gilchrist Levy MLS (last updated Sun 07/19/2026 11:42:32 PM EST) or NFLMLS (last updated Sun 07/19/2026 9:04:29 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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