Home in 2040 Polk Street, Hollywood, FL 33020 for sale with MLS# B26045526

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.

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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
Property Type:
Single Family House
Description of Last Important Update:
New Listing
Last Major Update on:
June 25, 2026 9:24 pm
Rooms Distribution
Bedrooms:
7
Bathrooms Total:
2
Full Bath:
2
Room Type:
Kitchen, Living Room, Master Bedroom
Rooms Total:
3
Master Bedroom Bath:
Other
Dining Area:
Dining/Living Room, Breakfast Area
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
Security:
Smoke Detector(s), Closed Circuit Camera(s)
Furnished:
Furnished
Appliances:
Microwave, Refrigerator
Interior:
Pantry, None
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
West
Construction
Year Built:
1945
Roof:
Shingle
Levels:
One
Construction Materials:
Stucco, Concrete
Flooring:
Tile, Wood, Laminate
Number of stories:
1
Structure Type:
House
Stories:
1
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
Parking
Parking Total Spaces:
4
Covered Spaces:
0
Parking Features:
Open, On Street, Concrete
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Electricity Connected, Phone Connected
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
Downtown Hollywood
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
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:
Starlight Cove
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 9:24 pm
Photos updated on:
June 25, 2026 9:24 pm
Last Modified:
June 29, 2026 11:02 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

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) 60 Moderate
☀️ O3 30 Good
🫁 PM2.5 60 Moderate

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Association of REALTORS®
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