2040 Polk Street, Hollywood, FL 33020
$1,649,000 · $542 per sq ft · Mixed-Use for sale
- Property type: Mixed Use
- Asking price: $1,649,000
- Price per sq ft: $542
- Building size: 3,040 sq ft
- Lot size: 4,792 sq ft
- Zoning: ND-3
- Year built: 1945
- Stories: 1
- Buildings: 1
- Parking spaces: 4
- Parcel ID: 514215011690
- MLS#: B26045128
About this property
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!
Building Features and Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Brick
- Concrete Block - No Stucco
Operating Statement
| Property taxes | $14,478/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 2040 Polk Street
- Included: Building, Land
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Signature International Real E · broker@signatureflorida.com · Listing agent: Jordan Sorman
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 2040 Polk Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 2040 Polk Street
- How much is 2040 Polk Street?
- 2040 Polk Street is listed at $1,649,000, about $542 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 2040 Polk Street zoned?
- The listing reports zoning of ND-3. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 2040 Polk Street?
- The listing reports 3,040 square feet of building.
- When was 2040 Polk Street built?
- 2040 Polk Street was built in 1945. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 2040 Polk Street?
- The listing reports annual property taxes of $14,478 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 2040 Polk Street?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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