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2220 Madison St
Hollywood, FL 33020

Multifamily Property For Sale · 11 Units

Investment Highlights

  • Value Add Opportunity Through Rent Raise
  • Highly Desired Unit Mix | (10) Large 2/2 & (1) Studio
  • Most AC's Replaced Last Few Years | Potential Storage Rental Income
  • Most Units w/Renovated Kitchens with Granite Counters | Hurricane Impact Windows & New Shingle Roof
  • Zoning DH-2 | Dixie Highway Medium Intensity MF District | FAR 1.75 | 45 Feet Vertical Allowance | 4 Story Height
  • Proximity to Class A Mixed Use Developments | Hollywood Blvd and Young Circle Redevelopment

PROPERTY FACTS

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.47 AC
Building Size 10,335 SF
Average Occupancy 97%
No. Stories 2
Year Built 1973
Parking Ratio 1.74/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - -
2+2 10 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-42-16-01-1760
Land Assessment
$184,440
Improvements Assessment
$1,277,450
Total Assessment
$1,653,390

zoning

Zoning Code DH-2 (Zoning DH-2 | Dixie Highway Medium Intensity MF District - FAR 1.75 | 45 Feet Vertical Allowance | 4 Story Height)
DH-2 (Zoning DH-2 | Dixie Highway Medium Intensity MF District - FAR 1.75 | 45 Feet Vertical Allowance | 4 Story Height)
  • Listing ID: 23837718

  • Date on Market: 8/4/2021

  • Last Updated:

  • Address: 2220 Madison St, Hollywood, FL 33020

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