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MLS #B26045526 image #0
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!
Current real estate data for Single Family in Hollywood as of Nov 07, 2026
623
Single Family Listed
119
Avg DOM
474
Avg $ / SqFt
$924,563
Avg List Price
Listing Provided Courtesy of Signature International Real E at 561-404-7263

Property Details

Price:
$1,649,000
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
Downtown HollywoodHollywood CentralOlsenSouth BrowardPets Allowed

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

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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 $1,649,000 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 $542. The average price per square foot for Single Family listings in Hollywood is $474. The average listing price for Single Family in Hollywood is $924,563. To schedule a showing of MLS#b26045526 at 2040 Polk Street in Hollywood, FL, contact your Trust House Realty agent at 9543362003.

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