2040 Polk Street, Hollywood, FL 33020

$1,799,000 · Active

  • 7 beds
  • 2 baths
  • 3,040 sq ft
  • Single Family Residence
  • Built 1945
  • Lot 4,791.6 sq ft
  • MLS# B26045526
  • Downtown Hollywood
1-web-or-mls-_A7A3495 at 2040 Polk Street, Hollywood2-web-or-mls-_A7A3480 at 2040 Polk Street, Hollywood3-web-or-mls-_A7A3486 at 2040 Polk Street, Hollywood4-web-or-mls-_A7A3510 at 2040 Polk Street, Hollywood5-web-or-mls-_A7A3500 at 2040 Polk Street, Hollywood6-web-or-mls-_A7A3466 at 2040 Polk Street, Hollywood9-web-or-mls-_A7A3470 at 2040 Polk Street, Hollywood18-web-or-mls-_A7A3280 at 2040 Polk Street, Hollywood

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 photos are virtual renderings. NOTE: The adjoining property at 219 N 21st Ave is also for sale separately, offering a rare chance to assemble nearly .40 acres for a larger-scale project. Own The Whole Block!

Features

Schools

  • Elementary: Hollywood Central
  • Middle: Olsen
  • High: South Broward

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Signature International Real E · Listing agent: Jordan Sorman

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 2040 Polk Street.

Questions About 2040 Polk Street

How much is 2040 Polk Street?
2040 Polk Street is listed at $1,799,000, which is about $592 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 2040 Polk Street?
The listing reports annual property taxes of $14,478 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 2040 Polk Street built?
2040 Polk Street was built in 1945 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 2040 Polk Street been on the market?
2040 Polk Street has been listed for 91 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 2040 Polk Street?
The MLS lists Hollywood Central (elementary), Olsen (middle), South Broward (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 2040 Polk Street?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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Nearby ZIP Codes

A comparable home, 4740 N 31st Court, Hollywood, FL 33021, sold for $1,580,000 in September 2026. Hollywood neighborhoods include Emerald Hills and Hollywood Hills. Nearby ZIP codes include 33019 and 33021. This property also neighbors Aventura, Sunny Isles Beach, and Fort Lauderdale. Compare it with the Hollywood housing market report.