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7 Beds
2 Baths
3,040 sqft

$1,649,000

2040 Polk Street, Hollywood FL, 33020

Price per sqft$542.43
Built in1945
Property size3,040 sqft
Property typeResidential

Overview

Active

Listed Jun 25, 2026

Updated 2 weeks ago

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!

$10,971/mo

Est. mortgage payment based on a $1,649,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B26045526

Interior Features

Bedrooms
7
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$14,478
Tax Frequency
Annually
Pets Allowed
Yes
Furnished
Yes
55+/Senior Community
No

Listed with Signature International Real E

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 1:00 PM UTC, 9/23/2026

 

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