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
MLS#
B26045526
Bedrooms
7
Bathrooms
2
Sq. Ft
3,040
Subtype
Single Family Residence
County
Broward
Subdivision
Downtown Hollywood
Year Built
1945

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

Pets Allowed
No Pet Restrictions, Yes
Construction
Concrete, Stucco
Cooling
Central Air
Flooring
Laminate, Tile, Wood
Furnished
Furnished
Heating
Central
Roof
Shingle
Security
Closed Circuit Camera(s), Smoke Detector(s)
Taxes
$14,478
Utilities
Cable Available, Electricity Connected, Phone Connected
Stories
1
Acres
0.11
Price Per Sqft
$591

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Listing courtesy of Signature International RE. Contact: