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2040 Polk Street Hollywood, FL 33020

3,040 Sqft, Duplex

AGENT'S REMARKS ABOUT 2040 POLK STREET

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.

PROPERTY DETAILS

  • Property Type: Duplex
  • Approx Living Area: 3,040 SqFt
  • Year Built: 1945
  • Lot Size: 4,699 SqFt
  • Stories: 1
  • Flooring: Laminate, Tile, Wood
  • Roof: Shingle
  • Age Restrictions: No
  • Total Floors in Building: 1
  • Construction: Brick, CBS
  • Exterior Description: Awning(s), Garden
  • Cooling System: Central Air
  • Heating: Central
  • Utility Information: Electricity Connected, Water Connected
  • Pets Allowed: Yes, N
  • County: Broward
  • Area: 3050
  • Subdivision: Hollywood
  • Age Restricted: No
  • Annual Property Taxes: $14,478
  • Elementary School: Hollywood Central
  • Junior High School: Olsen
  • High School: South Broward

VIDEO TOUR

MAP LOCATION FOR 2040 POLK STREET HOLLYWOOD, FL 33020

SIMILAR LISTINGS NEAR 2040 POLK STREET

$1,550,000

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2306 Van Buren Street Hollywood FL, 33020

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2000 Washington Street Hollywood FL, 33020

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Listing courtesy of Signature International RE 06.29.2026

If you are interested in this property at 2040 Polk Street or any other properties in Hollywood please contact The Rucco Group at (561) 737-0366.