2040 Polk Street, Hollywood, FL 33020

Listing Snapshot

About This Home

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.

General Features

Property Type

CommercialSale

Sub-type

MixedUse

Stories

1

Parking Spaces

4

Parking

Assigned,Common,Guest

Zoning

ND-3

Security

ClosedCircuitCameras,Other,SmokeDetectors

Utilities

ElectricityConnected,SewerConnected,WaterConnected

Interior Features

Flooring

Concrete,CeramicTile,Tile,Wood

Heating

Central

Cooling

CentralAir

Exterior Features

Construction

Brick,Block

Roof

Composition,Shingle

Lot Features

CentralBusinessDistrict,CornerLot,ResidentialLot,LessThanQuarterAcre

Fencing

Partial

Community Features

MLS Area

3050

Map

Virtual Tour