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.
2040 Polk Street, Hollywood, FL 33020
- Price:
- $1,799,000.00
- Original List Price:
- $1,799,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $591.77
- 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
- Living Area:
- 3,040 Sqft
- Built-Up Area:
- 3,040 Sqft
- Building Area Source:
- Other
- Living Area Source:
- Other
- Lot Size Acres:
- 0.11
- Waterfront:
- No
- Exterior:
- Awning(s), Garden
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- 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
- Tax Annual Amount:
- $14,478.09
- Tax Year:
- 2025
- Tax Assessed Value:
- $632,110.00
- Property Tax Details:
- Other Exemption
- Sewer:
- Public Sewer
- Utilities Available:
- Electricity Connected, Water Connected
- Water Source:
- Public
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- Hollywood
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Documents Available:
- Accounting Statements
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
- Tax Legal Description:
- HOLLYWOOD 1-21 B LOT 1 BLK 10
- Real Estate Folio Number (Parcel Number):
- 514215011690
- Zoning:
- ND-3
- Elementary School:
- Mcnab
- High School:
- South Broward
- Middle Or Junior School:
- Olsen
- 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
- Courtesy of:
- Signature International RE
- Attribution:
- Not provided
- 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

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
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