Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2040 N Polk St Hollywood, FL 33020

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,900,000

    Prime location with diverse income potential in a transforming community.

    Lot size:
    0.11 Acres

    Property Features for 2040 N Polk St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1945

    Source: Premier Listings Agent Sean Guerrier

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Hollywood Mixed-Use Gem

    Located in Downtown Hollywood, this mixed-use property is zoned ND-3, allowing for construction of up to 10 stories. Currently operating as a wellness center, spa, and Airbnb, it offers income diversification. The property is suitable for medical, legal, or creative professionals, or for long-term investment in a high-growth area. Over 4,000 new residential units are under construction in the surrounding area. This location is positioned in a walkable, rapidly transforming community.
    Insight Report Location Intelligence

    Current Use by Public Records

    Adrian Gonzalez & Associates ... Real Estate Appraiser Beauty of CBD Health And Beauty Shop Beauty of Wax Waxing Hair Removal Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1486087
    Latitude
    26.0131431

    Nearby Similar for Sale

    • $3,299,000
      Pending

      Prime Corner Lot with Upgrades

      High-traffic corner lot with upgraded commercial building and extensive features.
      Hollywood, FL 33023
      View Details
    • $1,150,000

      Hollywood Commercial Spaces with Views

      Two adjoining commercial spaces with penthouse views in Hollywood, Florida.
      2450 Hollywood Blvd, Hollywood, FL 33020
      View Details
    • $1,899,000
      1,760 SF

      Renovated Fourplex Near the Ocean

      Renovated fourplex near the ocean, ideal for rentals.
      312 Elm St, Hollywood, FL 33019
      View Details
    • $840,000

      Free-Standing Building on Corner Lot

      1,600 SF free-standing building on a 7,751 SF lot.
      7050 Taft St, Hollywood, FL 33024
      View Details
    • $480,000
      949 SF

      Hollywood Beach Condo with Rental Potential

      Spacious 1BR condo in Hollywood Beach with no rental restrictions.
      777 N Ocean Dr, Hollywood, FL 33019
      View Details
    • $675,000

      Commercial Space for Medical Field

      Commercial space with 18 units, ideal for medical professionals.
      Pines Blvd, Hollywood, FL 33024
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime location with diverse income potential in a transforming community.
    Where is this retail space located?
    The property is located at 2040 N Polk St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Prime Downtown Hollywood location in a rapidly transforming, walkable community.; - Zoned ND-3 with up to 10-story build potential.; - Currently operating as a thriving wellness center, spa, and Airbnb, offering immediate income diversification.
    (609) 937-0123
    Request Owner's contact information
    2040 N Polk St Hollywood, FL 33020
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2040 N Polk St
    Hollywood, FL 33020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2040 N Polk St Hollywood, FL 33020
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.