Price Check
How this price compares
- List price
- $1,649,000
- Price per sq ft
- N/A
- Original price
- $1,799,000
- Days on market
- 91
This commercial property in ZIP 33020 is listed at $1,649,000. The asking price has come down 8.3% from its original $1,799,000. It has been on the market for 91 days.
Estimated monthly payment
$8,666 /mo
Principal and interest only, based on $329,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,649,000
- Days on Site
- 91 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 3,040 sqft
- Lot Size
- 0.11 Acres
- Year Built
- 1945
- Property Type
- Commercial
- MLS #
- B26045128
- Property Tax
- $14,478 (2025)
- County
- Broward
- Status
- Active
- Special Conditions
- Standard
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!
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1945
- Property Condition
- Resale
- Number of Stories
- 1
- Parking
- Assigned / Common / Guest
- Lot Size (Acres)
- 0.11
- Total Sq Ft
- 3,040
- Structure Type
- Mixed Use
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- ND-3
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Concrete / Ceramic Tile / Tile / Wood
Exterior Features
- Construction
- Brick / Block
- Roof
- Composition / Shingle
- Lot Features
- Central Business District / Corner Lot / Residential Lot / Less Than Quarter Acre
Community & HOA
- Security
- Closed Circuit Cameras / Other / Smoke Detectors
- Utilities
- Electricity Connected / Sewer Connected / Water Connected
- Financing Terms
- Cash / Conventional
- MLS Area
- 3050
About the Area
Browse Hollywood homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Hollywood includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Hollywood listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 1,840
- Median List Price
- $496,000
- Median $/Sq Ft
- $400
- Avg Days on Market
- 165
Frequently Asked Questions
- How do I schedule a tour of 2040 Polk Street, Hollywood, FL 33020?
- Use the Tour button on this listing to request a showing of 2040 Polk Street, Hollywood, FL 33020. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 2040 Polk Street, Hollywood, FL 33020 still available?
- 2040 Polk Street, Hollywood, FL 33020 is currently listed as Active, and has been on the market 91 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 2040 Polk Street, Hollywood, FL 33020?
- With 20% down ($329,800) on the $1,649,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2040 Polk Street, Hollywood, FL 33020 is about $8,666/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 2040 Polk Street, Hollywood, FL 33020?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2040 Polk Street, Hollywood, FL 33020. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 2040 Polk Street, Hollywood, FL 33020?
- Often, yes. The right offer on 2040 Polk Street, Hollywood, FL 33020 depends on how it's priced against comparable commercial sales in Hollywood, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Signature International Real E
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 25, 2026.
$1,649,000
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Listed by Jordan Sorman, Signature International Real E
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Recent Sales
Recently sold homes in ZIP 33020
These are the last 6 recorded closings in ZIP 33020, with the price each home actually sold for rather than what it was listed at. They closed at a median of $285 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$135,000
Sold · October 1, 2026
2122 Dewey Street
0 bed · 0 bath
$34,000 under the asking price
Sold$620,000
Sold · October 1, 2026
2100 N 14th Terrace
3 bed · 2 bath · 1,693 sqft · $366/sqft
$30,000 under the asking price
Sold$399,900
Sold · September 30, 2026
1705 Johnson Street C
3 bed · 2.5 bath · 1,581 sqft · $253/sqft
Sold$573,000
Sold · September 30, 2026
2111 N 14th Court
3 bed · 2 bath · 1,112 sqft · $515/sqft
$12,000 under the asking price
Sold$250,600
Sold · September 29, 2026
2241 Freedom Street
3 bed · 2 bath · 1,251 sqft · $200/sqft
$49,400 under the asking price
Sold$550,000
Sold · September 25, 2026
2424 Monroe Street
3 bed · 2 bath · 1,928 sqft · $285/sqft
$49,000 under the asking price
See every recorded sale in ZIP 33020 or find out what your ZIP 33020 home is worth.
