2241 Madison St Active Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Hollywood Little Ranches
MLS Listing ID A11886948
Annual Tax Amount $9,692
Tax Year 2024
Lot Size 9,583 Sqft
Property Sub-Type Residential
Property Description
Developers & investors—rare Hollywood parcel zoned DH-2 (RAC) to build 14+ units up to 4 stories (max 17,295 SF, FAR 1.75). Permitted uses include multifamily, single-family, offices, and lodging (B&B). Site plan already submitted and in advanced approval process, offering a major head start for the next developer. Currently improved with a 2BR/1BA home producing $2,000/month income while approvals move forward. Just 5 min drive to ArtsPark at Young Circle, near major new developments like B57 Towers and Soleste La Piazza (378 units, 23 stories), 10 min to Hollywood Beach, and 15 min to Fort Lauderdale International Airport. A unique opportunity in a booming redevelopment area—won't last
Location
State FL
County Broward
Community Hollywood Little Ranches
Area 3050
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional