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Financial
Distress signals
Property profile

2040 Polk St Hollywood, FL 33020

FOR SALE
Office buildings
Property ID
US18-0835723
2,357 SF 0.11 ac lot Built 1945
Last sale Dec 2015 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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2040 Polk St, Hollywood, FL 33020 For Sale
$1,649,000 2,357 SF
2040 Polk St, Hollywood, FL 33020
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Property summary

AI-generated overview

The property at 2040 N Polk Street in Downtown Hollywood, Florida is a mixed-use building site zoned ND-3, allowing up to 10-story development potential. It has historically been operated as a wellness center and spa and includes an Airbnb component as part of its use configuration.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$575k
Assessed land$164k
Assessed improvement$410k
Effective rate2.26%

Value estimate

· Oct 2026
$350k
$315k – $385k
CAP approach$745k
Submarket $/SF estimate$790k
NOI build-up
Gross scheduled income$97k
Vacancy & credit loss−$5k
Operating expenses−$41k
NOI · 3.07% cap applied$51k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$489/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$366 – $741
Qualifying comparables8

Cap rate analysis

How does the asset earn?
3.07%
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ND-3
ND-3 - North Downtown High Intensity Mixed-Use District Uses Main Permitted Uses Accessory Uses Special Exception Uses Prohibited Uses Ad...
General categoryMIXED_USE
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop9.1
Bookstore8.2
Toy Store7.6

Location

2040 Polk St Hollywood, FL 33020
County assessor Recorded deeds · 4 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2555 Polk, Hollywood, FL 33020-4317 $1,400,000 Jun 2024 3,080 SF
1601 Harrison, Hollywood, FL 33020-6805 $1,050,000 Sep 2023 2,400 SF
500 Federal, Hollywood, FL 33020-4628 $1,050,000 May 2023 2,895 SF
950 Federal, Hollywood, FL 33020-6024 $1,950,000 Nov 2022 3,217 SF
603 Federal, Hollywood, FL 33020-7909 $2,000,000 Nov 2022 4,379 SF
1911 Harrison, Hollywood, FL 33020-5017 $1,035,000 Jun 2022 2,025 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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