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2040 Polk Street, Hollywood, FL 33020
Active
91 Days on Market
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$1,649,000

2040 Polk Street

Hollywood, FL 33020

Hollywood

Explore the area: Hollywood homes for sale · Broward County real estate

How this price compares

List price
$1,649,000
Price per sq ft
$542
Original price
$1,799,000
Days on market
91

This multi-family property in Hollywood is listed at $1,649,000, or $542 per square foot. The asking price has come down 8.3% from its original $1,799,000. It has been on the market for 91 days.

0
Bedrooms
0
Bathrooms
3,040
Living Sq Ft
1945
Year Built

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.

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Listing Snapshot

Price
$1,649,000
Days on Site
91 Days
Bedrooms
0
Total Baths
0
Living Area
3,040 sqft
Total Sq Ft
3,040 sqft
Lot Size
0.11 Acres
Year Built
1945
Property Type
Multi-Family
MLS #
B26045137
Property Tax
$14,478 (2025)
Subdivision
Hollywood
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 photos are virtual renderings. 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 Whole Block!

Virtual Tour

General Features

Property Type
Multi-Family
Status
Active
Year Built
1945
Property Condition
Resale
Number of Stories
1
Levels
One And One Half
Lot Size (Acres)
0.11
Living Sq Ft
3,040
Total Sq Ft
3,040
Structure Type
Duplex
Sewer
Public Sewer
Water Source
Public
Zoning
ND-3

Interior Features

Cooling
Central Air
Heating
Central
Flooring
Laminate / Tile / Wood

Exterior Features

Construction
Brick / Block
Roof
Shingle
Exterior Features
Awnings / Garden
Lot Features
Less Than Quarter Acre

Community & HOA

Utilities
Electricity Connected / Water Connected
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
No Restrictions / Ok To Lease
MLS Area
3050

Schools

Elementary School
Hollywood Central
Middle School
Olsen
High School
South Broward

Hollywood is a community in Hollywood, Broward County, Florida. Active listings are priced from $620,000 to $1,400,000. Homes were built between 1924 and 2004. Pure Equity lists homes in Hollywood and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
45
Median List Price
$762,000
Median $/Sq Ft
$480
Avg Days on Market
102
View all 45 homes for sale in Hollywood →
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.
What schools serve 2040 Polk Street, Hollywood, FL 33020?
2040 Polk Street, Hollywood, FL 33020 is zoned for Hollywood Central (elementary), Olsen (middle), South Broward (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
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 multi-family 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.

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Listed by Jordan Sorman, Signature International Real E

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