Exceptional mixed-use redevelopment opportunity in the heart of Downtown Hollywood, Florida. Located at 2040 Polk Street on a highly visible corner lot, this residential income duplex offers immediate cash flow while providing outstanding long-term development potential. Currently operating as a successful Airbnb and wellness spa, the property combines income-producing use with strategic upside in one of Broward County’s most dynamic growth corridors.

Zoned ND-3, this site supports a wide range of residential, commercial, office, hospitality, and mixed-use possibilities, with potential for development up to 10 stories. Just steps from Hollywood Boulevard and surrounded by new construction, luxury residences, retail, dining, and entertainment, the location is ideal for investors, developers, and owner-users seeking a prime foothold in a rapidly redeveloping area.

With 3,040 square feet of living area and a versatile duplex configuration, the property is well suited for continued hospitality use, a boutique mixed-use project, professional office space, a wellness or medical center, a boutique hotel, or a future luxury residential tower. The corner placement enhances visibility, access, and future value, making this a rare opportunity in a high-demand urban market.

Built in 1945, the property features central air and central heating, and pets are allowed. Conveniently located in Hollywood with access to Olsen Middle School and South Broward High School, this property presents a compelling option for those looking for income today and redevelopment potential for tomorrow. Some photos are virtual renderings.

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