Building Details

Year Built 1945

Listing Agency: Century Village Real Estate j***@signatureflorida.com Show Phone

Listed By: Jordan Sorman · License #3461841 Show Phone

Source: Elliman

Added: Jul 2 Changed: Jul 20 Last Checked: Aug 11 at 9:02AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century Village Real Estate

Investment Insights

Based on property information with market context.

This mixed-use redevelopment site is currently operating as an income-producing Airbnb and a wellness spa. The property sits on a highly visible corner lot and is offered with ND-3 zoning, which the seller states allows for a wide variety of residential, commercial, office, hospitality, and mixed-use applications, with potential for development up to 10 stories. Some photos are described as virtual renderings of future project potential.

The property is located in Downtown Hollywood, Florida, just steps from Hollywood Boulevard, and is surrounded by new development, restaurants, retail, entertainment, and luxury residential projects. BikeScore is listed as 69 (Bikeable), walkScore as 67 (Somewhat Walkable), and transitScore as 41 (Some Transit), indicating moderate non-car access.

For buyers evaluating an owner-use or development path, the site’s configuration as a corner lot and its ND-3 zoning framework are central to its redevelopment flexibility.

Key Highlights

• Year built 1945 mixed‑use property currently operating as an Airbnb and wellness spa
• Highly visible corner lot; steps from Hollywood Boulevard in Downtown Hollywood, FL
• Zoned ND‑3 allowing a wide variety of residential, commercial, office, hospitality, and mixed‑use applications

Property Analytics

Property Profile

Current Use

Adrian Gonzalez & Associates ... Real Estate Agency Beauty of CBD (Bike/Boat/Book/etc) Store Beauty of Wax Spa & Massage Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Tanning Salon Farmer's Market Clothing & Fashion Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

4,651

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 33020, FL

45,044

Population

22,508

Households

2

Avg Household Size

41

Median Age

29%

College-Educated

89%

High-School Grad

6.0 sq mi

ZIP Area

7,507

Density / Sq Mi

$52,535

Median Household Income

$32,449

Median Earnings

$1,444

Median Rent

$306,700

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this spa & wellness properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Spa & wellness property - Mixed-use corner property currently operating as an Airbnb and wellness spa, zoned ND-3 with redevelopment potential.

Where is this spa & wellness property located?

The property is located at 2040 Polk St Hollywood, FL.

What is the asking price?

The asking price for this property is $1,799,000.

What are key features of this property?

This property features: Year built 1945 mixed‑use property currently operating as an Airbnb and wellness spa; Highly visible corner lot; steps from Hollywood Boulevard in Downtown Hollywood, FL; Zoned ND‑3 allowing a wide variety of residential, commercial, office, hospitality, and mixed‑use applications