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 photos are virtual renderings.

2040 Polk Street | MLS# B26045137

This multi-family 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: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.11 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $14,478
Year Built: 1945
Square Feet: 3,040

Amenities

Awning(s)
Garden

Feature Descriptions

Days on Site: 8
Exterior: Brick, CBS
Flooring: Laminate, Tile, Wood
Parcel#: 514215011690
Pets Allowed: Yes, No Restrictions
Restrictions: No Restrictions
Sewer: Public Sewer
SQFT Living: 3040
Structure Type: Duplex
Units: 2
Utilities: Electricity Connected, Water Connected
Utilities: Electricity Connected, Water Connected
Water: Public

Local Schools

High School: South Broward
Middle School: Olsen
Elementary School: Hollywood Central

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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Estimated Payment

$ 10,799.56 per month $9,068.35 Principal & Interest $1,206.50 Property Tax $524.71 Homeowner's Insurance

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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 07/03/2026. The listing information on this page last changed on 07/03/2026. 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 Fri 07/03/2026 12:00:56 AM EST) or GAMLS (last updated Thu 07/02/2026 11:15:30 PM EST) or Stellar MLS (last updated Thu 07/02/2026 11:44:20 PM EST) or SPC MLS (last updated Thu 07/02/2026 11:21:17 PM EST) or Martin MLS (last updated Thu 07/02/2026 11:38:25 PM EST) or Indian River MLS (last updated Thu 07/02/2026 11:30:24 PM EST) or Daytona MLS (last updated Thu 07/02/2026 11:36:59 PM EST) or Northeast Florida MLS (last updated Thu 07/02/2026 11:59:10 PM EST) or Beaches MLS (last updated Thu 07/02/2026 11:49:47 PM EST) or BORMLS (last updated Thu 07/02/2026 11:16:31 PM EST) or Golden Isles MLS (last updated Thu 07/02/2026 7:06:09 AM EST) or Amelia/Nassau MLS (last updated Thu 07/02/2026 11:25:27 PM EST) or Dixie Gilchrist Levy MLS (last updated Thu 07/02/2026 11:42:30 PM EST) or NFLMLS (last updated Thu 07/02/2026 9:06:40 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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