2040 Polk Street, Hollywood FL 33020

Description of 2040 Polk Street, Hollywood FL 33020

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 pictures are virtual renderings of future potential projects.

Property Details for 2040 Polk Street, Hollywood FL 33020

Flooring

Ceramic Floor, Concrete, Tile, Wood

Heating

Central Building A/C

Cooling

Central Building A/C, Central Air

Parking Features

Assigned, Common, Guest

Pool Private

No

Year Built Details

Resale

Building Information for 2040 Polk Street, Hollywood FL 33020

Building Area Total

3040

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Security Features

Other Fire Protection, Smoke Alarm, Smoke Detector(s), Smoke Detector, Other, TV Camera, TV Monitor

Property Information for 2040 Polk Street, Hollywood FL 33020

Lot Features

Central Business District, Less Than 1/4 Acre Lot, Corner Lot, Less Than 1 Acre, In Residential Area

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Brick, Concrete Block With Brick

Roof

Comp Shingle Roof, Composition Roll, Shingle

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Public Records for 2040 Polk Street, Hollywood FL 33020

Parcel Number

514215011690

Tax Annual Amount

$14,478

Tax Year

2,025

Tax Legal Description

HOLLYWOOD 1-21 B LOT 1 BLK 10

Zoning

ND-3

County Or Parish

Broward County

Location