2241 Madison St, Hollywood, FL 33020

$734,000

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Sold Price
$734,000
List Price
$1,020,000
Closing Date
Jun 01, 2026
MLS#
A11886948
Status
CLOSED
Type
Land

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

Additional Information

Days on Market
207
Tax Amount
$9,692
Parcel Number
514216011860
Front Exposure
North
Lot Size
9,883
Directions
From I-95, take the Hollywood Blvd exit eastbound toward Young Circle. Turn right on N 22nd Ave, then left on Madison Street. Property will be on your left
Address
2241 Madison St, Hollywood
Development Name
Hollywood Little Ranches
Development
Hollywood Little Ranches
Section
16

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Calculator source: Real Geeks

Listing Courtesy of Citara Realty Group, Contact: 786-457-0512

Selling Office: Compass Florida, LLC.