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2040 Polk St

hollywood, FL 33020

US$1,649,000

  • 7 BR
    2 BA
    approx. 3,040 SF

Interested? Let's Connect

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!

Details

3,040 Sq Ft

4,699 Sq Ft Lot Size

single family home

US$1,207 Monthly Tax

Built in 1945

MLS/Listing ID B26045526

1 Stories

Amenities & Features

Refrigerator

Microwave

Public Water

Sewer

Public Sewer

Furniture Only

Furnished

Natural Wood

Tile

Cooling - Central Air

Construction - Stucco

Style - One Story

Pantry

Parking - 2 or More Spaces

Parking - Open

Parking - On Street

Shingle

Pets Allowed

Estimate my mortgage

TOTAL MONTHLY COST

US$0

  • PRINCIPAL & INTEREST

    US$0

  • PROPERTY TAXES

    US$0

  • Common Charges

    US$0

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MIAMIRE

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