2040 Polk StreetHollywood, FL 33020MLS Number B26045128

  • Price: $1,799,000
  • 1 Day on Market
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Federal 30-year interest rate: 6.47% last updated on Jun 18, 2026
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  • 0.11Acreage
  • 1945Year Built
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.
Listing by Signature International RE

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Ocean Estate Properties
Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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More Info

Tax Information

  • Tax Year 2025
  • Taxes$14,478

Building

  • Building ConstructionBrick, Block
  • Building Features Conference Room, Kitchen Facilities, Private Restrooms
  • Structure Type Mixed Use
  • Year Built1945

Interior

  • Flooring Concrete, Ceramic Tile, Tile, Wood

Property Information

  • Acreage0.11
  • Lot Features Central Business District, Corner Lot, Residential Lot, < 1/4 Acre
  • Occupant Type Owner
  • Property Condition Resale
  • Property Sub Type Additional Mixed Use

Other

  • Date Listed06/25/2026
  • Documents Available
    • Aerial
    • Building Plans
    • Deed
    • Financials
    • Ground Photo
    • Site Plan
    • Survey
  • Possession Close Of Escrow
  • Special Listing Conditions Standard

Parking

  • Parking Features Assigned, Common, Guest
  • Parking Total 4

Location

  • Address2040 Polk Street
  • Area3050
  • Building Number2040
  • CountyBroward
  • StateFL
  • StreetPolk Street
  • TownHollywood
  • Zip33020

Exterior

  • Fencing Partial
  • RoofComposition, Shingle

Amenities

  • Accessibility AmenitiesAccessibility Features
  • Cooling Central Air
  • Cooling YN Yes
  • Security Features Closed Circuit Camera(s), Other, Smoke Detector(s)

Basic Information

  • List Price$1,799,000
  • MLS NumberB26045128
  • Modification Date06/24/2026
  • Property SubTypeMixed Use
  • Property TypeCommercial Sale
  • StatusACT
  • Virtual TourView Tour

Property

  • Number Of Buildings 1

Utilities

  • Electric Other
  • Heat SystemCentral
  • Heating YN Yes
  • Utilities Electricity Connected, Sewer Connected, Water Connected
  • Waste Water DisposalPublic Sewer

Water Body

  • Water AccessPublic

Based on information submitted to BeachesMLS as of June 25, 2026 8:13 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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