$1,799,000
 $9,657 est/mo Sourced by Back At You

2040 Polk Street,Hollywood, FL 33020

Hollywood, FL 33020

Share:

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. 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!

Details

MLS #B26045137
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1945
Days On Site65
Listing Provided BySignature International RE | Jordan Sorman

Features

SQ Feet3,040
Story(s)1
Units2
ZoningND-3
Acreage0.11

Exterior

Lot FeaturesLess Than Quarter Acre

Taxes

Tax Annual Amount14478.09

Area Information

StateFL
CountyBroward
CityHollywood
Zip Code33020
Area3050
Community NameHollywood
Listing VS Median (in Hollywood)
Price:
$1,799,000
low | high
Med:
$2,700
100% of Average
sqft:
3,040
low | high
Med:
5,265
23.174342105263% of Average
$ / sqft:
$592
low | high
Med:
$1
100% of Average
On site:
65
low | high
Med:
64
100% of Average
Sourced by Back At You

Market Activity 33020

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from PPI Real I Premier Partners at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Beaches MLS. All Rights Reserved.

Contact

Learn More About This Property

StateFL
CountyBroward
CityHollywood
Zip Code33020
Area3050
Community NameHollywood
Listing VS Median (in Hollywood)
Price:
$1,799,000
low | high
Med:
$2,700
100% of Average
sqft:
3,040
low | high
Med:
5,265
23.174342105263% of Average
$ / sqft:
$592
low | high
Med:
$1
100% of Average
On site:
65
low | high
Med:
64
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.349M - $2.248M
sqft: 2,000 - 3,500
Listing Updated: August 24, 2026 at 11:46:37 PM PDT
Real Estate Links Our Domains