Duplex in 2040 Polk Street, Hollywood, FL 33020 for sale with MLS# B26045137

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.

📅 View days on the market

Days on the market

2040 Polk Street, Hollywood, FL 33020

Price
Price:
$1,799,000.00
Original List Price:
$1,799,000.00
List Price per Sq Ft (Calculated, Approx.):
$591.77
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
New Listing
Last Major Update on:
June 25, 2026 1:23 am
Measures
Living Area:
3,040 Sqft
Built-Up Area:
3,040 Sqft
Building Area Source:
Other
Living Area Source:
Other
Lot Size Acres:
0.11
Property Features
Waterfront:
No
Exterior:
Awning(s), Garden
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Construction
Year Built:
1945
Roof:
Shingle
Number of Units Total:
2
Levels:
One And One Half
Construction Materials:
Brick, CBS
Flooring:
Tile, Wood, Laminate
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
2
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$14,478.09
Tax Year:
2025
Tax Assessed Value:
$632,110.00
Property Tax Details:
Other Exemption
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Connected, Water Connected
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
Hollywood
Senior Community:
No
Restrictions:
No Restrictions
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Documents Available:
Accounting Statements
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
HOLLYWOOD 1-21 B LOT 1 BLK 10
Real Estate Folio Number (Parcel Number):
514215011690
Zoning:
ND-3
Public Schools Assigned
Elementary School:
Mcnab
High School:
South Broward
Middle Or Junior School:
Olsen
Listing History
Active on the market since:
June 25, 2026
Listing Agreement executed on:
June 24, 2026
Listing Status Last Changed On:
June 25, 2026 1:23 am
Photos updated on:
August 13, 2026 6:59 pm
Last Modified:
August 13, 2026 7:00 pm
Additional Information
Courtesy of:
Signature International RE
Attribution:
Not provided
Location
Street Name:
Polk
Street Number:
2040
City:
Hollywood
State:
Florida
Zip Code:
33020
County:
Broward
Latitude:
N26° 0' 47.3''
Longitude:
W81° 51' 4.8''
Street Suffix:
Street
Property Map

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $52,535
Median Home Value $306,700
Median Rent $1,444/mo
Median Age 39
Population 44,112

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 54 Moderate
☀️ O3 27 Good
🫁 PM2.5 54 Moderate
Ver la Propiedad Ver la propiedad 2040 Polk Street, Hollywood, FL 33020
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is 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. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.