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2037 Madison St
Hollywood, FL 33020

Caribbean Apartments · Multifamily Property For Sale · 18 Units

Investment Highlights

  • Income-producing, low vacancy multi-family property with 19 recently updated studio apartments.
  • Rare chance to acquire a performing investment with additional upside to continue updating the property and capture growing market rents.
  • Located in the heart of Hollywood, just minutes from countless beaches, golf courses, marinas, and world-class shopping and dining opportunities.
  • Owner financing available with a 30% down payment.

PROPERTY FACTS

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.37 AC
Building Size 5,822 SF
Average Occupancy 98%
No. Stories 1
Year Built/Renovated 1963/2022
Parking Ratio 1.72/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Storage Space
  • Eat-in Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Double Pane Windows
  • Smoke Free

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Gated
  • Storage Space
  • Multi Use Room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 18 $1,300 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-42-15-01-0620
Land Assessment
$147,240
Improvements Assessment
$2,309,480
Total Assessment
$2,456,720

zoning

Zoning Code RMCRA-18, Hollywood
RMCRA-18, Hollywood
  • Listing ID: 27434064

  • Date on Market: 1/4/2023

  • Last Updated:

  • Address: 2037 Madison St, Hollywood, FL 33020

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