2040 Polk Street, Hollywood, FL 33020

About 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 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!

How This Listing Compares in Hollywood

Per square foot, it is asking 54% above the Hollywood median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Hollywood; a starting point, not an appraisal.

Home Features at 2040 Polk Street, Hollywood, FL 33020

Bathrooms Full

2

Bathrooms Half

0

Interior Features

No Interior Features, Pantry

Appliances

Microwave, Refrigerator

Flooring

Tile, Wood

Heating

Central

Cooling

Central Air

Furnished

Furnished,Furniture Only

Architectural Style

One Story

Parking Features

2 Or More Spaces, Open, On Street

Pool Private

No

Year Built Details

Resale

Direction Faces

West

The Building at 2040 Polk Street, Hollywood, FL 33020

Building Area Total

3040

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Pets Allowed

Yes

Security Features

Smoke Alarm, Smoke Detector(s), Smoke Detector, TV Camera, TV Monitor

Lot, Views & Construction at 2040 Polk Street, Hollywood, FL 33020

Lot Features

Less Than 1/4 Acre Lot, Less Than 1 Acre

Lot Size Square Feet

4,699

Waterfront

No

View

No

Construction Materials

Concrete Block Construction, Stucco

Roof

Comp Shingle Roof, Shingle

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Taxes & Public Record 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

Assigned Schools for 2040 Polk Street, Hollywood, FL 33020

Middle School

Olsen

High School

South Broward

School assignments are provided by the listing and should be independently verified.

Map & Neighborhood