2040 Polk Street, Hollywood, FL 33020

$1,799,000
7
BD
2
BA
3,040
SqFt

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List Price
$1,799,000
Days on Market
52
MLS#
B26045526
Year Built
1945
Bedrooms
7
Bathrooms
2
Living Area
3,040
Acres
0.11
MLS Area Major
3050

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.

Additional Information

Taxes
$14,478
Interior Features
Breakfast Area, Living/Dining Room, None, Other, Pantry
Appliances
Microwave, Refrigerator
Utilities
Cable Available, Electricity Connected, Phone Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete, Stucco
Roof
Shingle
Elementary School
Hollywood Central
Middle School
Olsen
High School
South Broward

Listing courtesy of Signature International RE.

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