2040 Polk St Hollywood, FL 33020

This exceptional mixed-use property at 2040 Polk Street in Hollywood, Florida, presents a compelling investment opportunity. Located in a rapidly developing area of Broward County, this 1945-built property boasts a prime location within a thriving community experiencing significant growth. Currently zoned ND-3, the property allows for a variety of uses and offers the potential for substantial redevelopment, including the possibility of constructing a building up to 10 stories high. The surrounding area is undergoing a transformation, with 4,000 residential units currently under construction, significantly enhancing walkability and introducing numerous entertainment options. The property's current configuration includes a wellness center and spa, as well as an Airbnb, demonstrating the potential for diverse income streams. This strategic location in downtown Hollywood is poised for continued growth, making it an ideal investment for those seeking a property with significant upside potential. The adjacent property to the south is also available for purchase, presenting a unique opportunity for large-scale redevelopment. The asking price for this property is $2,500,000. While the lot size is not specified, the property's zoning and location offer significant development potential. Further details are available upon request.