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.
Listing Provided Courtesy of Signature International RE at 561-404-7263
Property Details
Price:
$1,799,000
MLS #:
B26045526
Status:
Active
Beds:
7
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Downtown Hollywood
Neighborhood:
3050
Listed Date:
Jun 25, 2026
Finished Sq Ft:
3,040
Total Sq Ft:
3,040
Lot Size:
204,688,440 sqft / 0.11 acres (approx)
Year Built:
1945
See this Listing
Schools
Elementary School:
Hollywood Central
Middle School:
Olsen
High School:
South Broward
Interior
Appliances
Microwave, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Laminate, Tile, Wood
Heating
Central
Interior Features
Pantry, None
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
7
Exterior
Construction Materials
Concrete, Stucco
Direction Faces
West
Open Parking Spaces
4
Parking Features
Concrete, On Street, Open
Parking Spots
4
Parking Total
4
Roof
Shingle
Security Features
Closed Circuit Camera(s), Smoke Detector(s)
Stories
1
Financial
Tax Year
2025
Taxes
$14,478
Map
Community
- Address2040 Polk Street Hollywood FL
- SubdivisionDowntown Hollywood
- CityHollywood
- CountyBroward
- Zip Code33020
Subdivisions in Hollywood
- A J BENDLES
- ALLINGTON TOWERS NORTH CONDO
- AQUARIUS CONDO
- BANYAN OAKRIDGE PLAT
- BARCLAY ARMS CONDO
- BELMAR AMENDED
- BEVERLY HILLS CONDO NUMBER
- BEVERLY HILLS CONDO NUMBER ONE
- BEVERLY HILLS CONDO NUMBER TEN
- BEVERLY HILLS CONDO NUMBER THREE
- BEVERLY PARK
- BOULEVARD HEIGHTS SEC 1
- BOULEVARD HEIGHTS SEC 4
- Boulevard Heights Sec 6 4
- Costa Hollywood Beach Res.
- CRESCENT 515 ASSOC INC CONDO
- CRYSTAL COURT MANOR NO 14 CONDO
- DIPLOMAT OCEANFRONT RESIDENCES
- DIXIE GARDENS
- DRIFTWOOD ACRES NO 12
- DRIFTWOOD ACRES NO 15
- DRIFTWOOD ESTATES NO 1
- EMERALD HILLS C C APTS CONDO
- FLAMINGO MANORS
- GARDEN TERRACE APTS NO 8
- GRANDVIEW
- GRANDVIEW AT EMERALD HILLS CONDO
- Hampton Court
- HAMPTON COURT CONDO
- HARRIS ESTATES
- HERITAGE HOMES FIRST ADD
- HERITAGE LAKE ESTATES SEC 1
- Highland Gardens
- HILLCREST EAST NO 22 CONDO
- HILLCREST EAST NO 26 CONDO
- HILLCREST EAST NO 27 CONDO
- HOLLYWOOD
- HOLLYWOOD BEACH FIRST ADD
- Hollywood Beach Gardens
- HOLLYWOOD BEACH GARDENS P
- HOLLYWOOD BEACH HEIGHTS SEC
- HOLLYWOOD COUNTRY CLUB DISTRICT
- HOLLYWOOD HILLS
- HOLLYWOOD HILLS AMEN PLAT
- HOLLYWOOD LAKES
- HOLLYWOOD LAKES SECTION
- HOLLYWOOD LITTLE RANCHES
- HOLLYWOOD PARK
- Hollywood south
- HOLLYWOOD SOUTH SIDE ADD NO 2
- HOLLYWOOD TERRACE
- Hyde
- LOOK HOMESITES NO 3
- North Central Hollywood
- ORANGEBROOK GOLF APTS CONDO
- ORANGEBROOK GOLF ESTATES
- PLAYLAND ESTATES
- PLAYLAND ESTATES SEC 1
- Quadomain
- QUADOMAIN TOWER I AND IV CONDO
- RESIDENCES ON HOLLYWOOD
- RITZ-CO-OP
- SEA AIR TOWERS CONDO
- SUMMIT CONDO
- SUNSET TRAILS NO 4
- SUNSET TRAILS NO 5
- THE TIDES CONDO
- The Wave Condo
- TIDES ON HOLLYWOOD BEACH CONDO
- TOWN COLONY CONDO
- Town Hollywood
- TRAFALGAR TOWERS CONDOMINIUM 2
- VILLAS AT CARRIAGE HILLS
- WARRENTON HOUSE CONDO
- WATERGATE CONDOMINIUM NO 3
- WATERGATE CONDOMINIUM NO 4
- Wellington Towers
- WELLINGTON TOWERS CONDO
- West Lake Village
- WEST LAKE VILLAGE PLAT
- Westlake Village
- Winter Haven Towers
- WOODED HILLS ESTATES
- WOODS OF EMERALD HILLS
Market Summary
Current real estate data for Single Family in Hollywood as of Jul 27, 2026
210
Single Family Listed
147
Avg DOM
430
Avg $ / SqFt
$947,914
Avg List Price
Property Summary
- Located in the Downtown Hollywood subdivision, 2040 Polk Street Hollywood FL is a Single Family for sale in Hollywood, FL, 33020. It is listed for $1,799,000 and features 7 beds, 2 baths, and has approximately 3,040 square feet of living space, and was originally constructed in 1945. The current price per square foot is $592. The average price per square foot for Single Family listings in Hollywood is $430. The average listing price for Single Family in Hollywood is $947,914.
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