Home » Hollywood » 2040 Polk St, Hollywood, FL 33020 | F10463663

Mixed Use For Sale 2040 Polk St, Hollywood, FL 33020

$2,500,000
Price has decreased by $250,000

Property Highlights

Listing ID F10463663 Status of this Listing: Active For Sale Property Type Commercial Sale Mixed Use Building Area 2,357 Sqft/218.97 m2 approx. Lot area 4,699 Sqft/436.55 m2 approx. Year Built 1945 Time of this property on Rebonus 58 Day(s)

2040 Polk St, Hollywood, FL 33020

Property Description: Location Location Location! This exceptional mixed-use property is situated in one of the fastest-growing communities in Broward. Downtown Hollywood is experiencing significant development, enhancing walkability & introducing a wealth of entertainment options. Currently 4,000 residential units being built in the area. Property is ND-3 zoned, offering a variety of uses and the potential to build up to 10 stories. The property to the South is also for sale (listing agents & sellers not affiliated) & can be a HUGE opportunity for redevelopment. Currently operating as a wellness center & spa, as well as an AirBnb, providing a unique opportunity for diverse income. Prime location is poised for continued growth & offers endless possibilities for prospective buyers. See brochure attached.

Useful Info

Previous Asking Price:$2,750,000
Original List Price:$2,750,000

Land Lot (Parcel) Details

Lot Size Acres:0.1079
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Number of Units Total:1
Property Condition:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Vinyl
Stories:1
Road Frontage Type:
  • City Street
  • Highway

Property Features

Waterfront:No
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$12,969

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Documents Available:
  • Aerial
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Owner May Carry 2nd Mortgage (Owner Financing, The Seller may be interested in carrying second mortgage note
  • Other
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0
Parking Features:
  • Guest

Utilities

Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberF10463663
Ref1089850260

Zoning and Legal

Tax Legal Description:HOLLYWOOD 1-21 B LOT 1 BLK 10
Real Estate Folio Number (Parcel Number):514215011690
Zoning Description:CCC-1
Public Survey Township:5142
Public Survey Section:15

Listing History

Update/EventDate/Days
Published Date:October 9, 2024 12:34 pm
On Market Date:October 9, 2024
Listing Contract Date:October 9, 2024
Price Change Date Time:November 18, 2024 2:24 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:November 18, 2024 2:24 pm
Status Last Changed:October 9, 2024 12:34 pm
Photos Last Modified:November 18, 2024 7:48 pm
Last Modified:November 18, 2024 11:14 pm
Days on the Market Reference Date:November 18, 2024
Days on the Market (updated on Last Modified*):40
Cumulative Days on the Market (updated on Last Modified**):40

Additional Information

Lot Size Range:,
Number of Photos:34
Location:,City Location,Corner Unit,Near Airport,Near Seaport
Included:Furniture,Inventory,Machinery,,
Geographical Area:Hollywood East (3010-3050)
Area:3040
Automated Valuation Display:Yes
Courtesy of:Southwestern Real Estate
Universal Property Id:US-12011-N-514215011690-R-N

Location

Show Property Address:Yes
Street Name:Polk St
Street Number:2040
Street Address:2040 Polk St
City : Hollywood
State : Florida
Zip Code : 33020
County : Broward
Full Address:2040 Polk St, Hollywood, FL 33020
Latitude:N26° 0' 47.4''
Longitude:W81° 51' 5.1''

Neighborhood

Postal City:Hollywood

Property Map