Live Listing

2040 Polk Street

Hollywood, FL 33020 Downtown Hollywood

List Price $1,799,000
PROPERTY DESCRIPTION

Property 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 for sale separately, offering a rare chance to assemble nearly .40 acres for a larger-scale project. Own The Whole Block!

PROPERTY DETAILS

Property Details

Listing Information

MLS ID
B26045526
Listing Status
Active
Property Type
Single Family Residence
Bedrooms
7
Bathrooms
2
Living Area
3,040 sq ft
Lot Size
4,699 sq ft
Year Built
1945
Community
Downtown Hollywood
County
Broward

Property Features

Interior Features
Pantry, None
Appliances
Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Parking
Concrete, Open, On Street
Waterfront
False
Property Tax
$14,478.09 (2025)
Evelyn Yang South Florida Real Estate
Evelyn Yang 561.972.3158
Loading more…