2040 Polk Street, Hollywood, FL 33020

New Listing

$1,799,000

Virtual Tour

https://www.zillow.com/view-imx/20a04185-dff8-404a-a2e8-7e5916a2bd30?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 7 Baths: 2 Square Footage: 3,040 Status: Active

Current Price: $1,799,000 List Date: 6/25/2026 Last Modified: 6/29/2026

Overview

Description

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.

Supplements: 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 hospitali ... (Read more)

Listing Details MLS# B26045526

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 7
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 3040
Building Area Source: Other
Living Area Main: 3040
Living Area Source: Other
Accessibility Features YN: No
Year Built: 1945
Parking Total: 4
Gated Community YN: No
Lot Size Area: 4699
Lot Size Acres: 0.11
Senior Community YN: No
Stories Total: Yes
Stories: Yes
Direction Faces: West
Fireplace YN: No
Pool Private YN: No
Spa YN: No
Equestrian Features YN: No
Furnished: Furnished
LP/Assessed Value: 2.85

Property Features

Dining Area: Breakfast Area; Dining/Living Room Flooring: Laminate; Tile; Wood Parking Features: Concrete; On Street; Open Property Condition: Resale Special Listing Conditions: Standard Appliances: Microwave; Refrigerator Construction Materials: Concrete; Stucco Cooling: Central Air Heating: Central Interior Features: Pantry; None Levels: One Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Roof: Shingle Security Features: Closed Circuit Camera(s); Smoke Detector(s) Sewer: Public Sewer Structure Type: House Tax Information: Other Exemption Utilities: Cable Available; Electricity Connected; Phone Connected Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Text Listing Agent Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1799000
Occupant Type: Call Listing Agent
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Broward
Street Number: 2040
Street Name: Polk
Street Suffix: Street
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33020
Postal Code +4: 4511
Subdivision Name: Downtown Hollywood
Area: 3050
Geographic Area: HWEA - Hollywood East (3010-3050)
Elementary School: Hollywood Central
Middle Or Junior School: Olsen
High School: South Broward
Special Assessment YN: No
Parcel Number: 514215011690
Subdivision Number: Yes
Zoning: ND-3
Flood Zone: X
Multiple Offers Accepted: Yes

Financial Information

Application Required YN: No
Master Association YN: No
Membership Fee Required YN: No
Tax Annual Amount: 14478.09
Tax Year: 2025
Tax Assessed/SOH Value: 632110
Tax Legal Description: HOLLYWOOD 1-21 B LOT 1 BLK 10
Assessor Market Value: 636210
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-06-25T21:24:17Z
Major Change Type: New Listing
Status Change Date: 2026-06-25

More Information

Leasing Permitted Details

Leasing Permitted YN: No

Parking Information

Open Parking Spaces: 4

Capital Contributions

Capital Contributions YN: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 7

Pet Details

Pet Fee YN: No

Price Calculations

Current Price To SqFt: 591.77

Originating Details

Originating System Key: 20260625202057800353000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Dining Area

Breakfast Area: Yes
Dining/Living Room: Yes

Flooring

Laminate: Yes
Tile: Yes
Wood: Yes

Parking Features

Concrete: Yes
On Street: Yes
Open: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Structure Type

House: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Phone Connected: Yes

Heating

Central: Yes

Appliances

Microwave: Yes
Refrigerator: Yes

Construction Materials

Concrete: Yes
Stucco: Yes

Interior Features

Pantry: Yes
None: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes

Security Features

Closed Circuit Camera(s): Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Text Listing Agent: Yes

Master Bedroom/Bath

Other: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

Other Exemption: Yes

Room Types

Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Room Information

Room Name
Kitchen
Living Room
Master Bedroom

Listing Office: Signature International RE

Last Updated: June - 29 - 2026

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2040 Polk Street, Hollywood, FL 33020 (MLS# B26045526)