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Active - House for sale

2040 Polk Street, Hollywood FL 33020

7 bds|2 bth|3,040 sqft

Facts & features

House Property type
143 days on Beycome
1945 Year built
$542 Price/Sqft.
4,792 sqft Lot size

Why you’ll love it

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!

Translating description...

Listings courtesy of Signature International Real E.

Listed by: Jordan Sorman • 917-705-3898 • Signature International Real E

Co-listed by: Signature International Real E

Source: Miami MLS, MLS#: B26045526 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$1,070,000$2,225,000
1%20%
0%90%
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Estimated monthly payment

$9,545/mo

  • Mortgage$8,338
  • Property tax$1,207
  • HOA fee
  • Homeowners insurance
Due at closing$1,310,955
Down payment held in escrow$329,800
Closing costs$24,735
beycome credit Est.$32,980

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Downtown Hollywood

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$1,649,000 Listed price

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