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. NOTE: The adjoining property at 219 N 21st Ave is also available for sale separately, offering a rare chance to assemble nearly .40 acres for a larger-scale project. Own The Entire Block!
- Heating System
- Cooling System
- Parking Features
- Roof:
- Shingle, Composition
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Hollywood
- Zipcode:
- 33020
- Street:
- 2040 Polk Street, Hollywood, Florida 33020
- Longitude:
- W81° 51' 7.9''
- Latitude:
- N26° 0' 47.6''
- Building Area:
- 3,040 Sqft
- Construction Materials:
- Block, Brick
- Cumulative DOM:
- 72
- DOM:
- 72
- Electric
- Flooring:
- Wood, Tile, Ceramic Tile, Hardwood, Concrete
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 514215011690
- Stories Total:
- 1
- Tax Annual Amount:
- $14,478
- Utilities
- Virtual Tour:
- Click Here
Commercial Sale For Sale
2040 Polk Street, Hollywood, Florida 33020, Hollywood, Florida 33020
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,799,000
- Year Built :
- 1945
- MLS # :
- B26045128
