2020 Madison St, Hollywood, FL 33020

Building Details

Year Built

1946

Listing agent Alejandro Bruno License #3118923

Listing office RE/MAX 5 Star Realty

Listing date Jun 3, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 5 Star Realty

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Overview

This property presents an investor opportunity in a location surrounded by new developments. Zoned for mixed-use development up to 10 stories, not to exceed 140 feet, with a maximum floor area ratio (FAR) of 3.00. The property is located minutes from Downtown Hollywood, beaches, and local events. The property contains two units. Unit #1, previously owner-occupied, was updated 7 years ago with modern kitchen cabinets, countertops, and a gas stove. Unit #2 is vacant and includes an electric stove. Both units have separate electric panels. The property features fruit trees, a detached laundry room, and two parking spaces, one per unit. There is a single water meter. A new roof was installed in 2018. The plumbing under both kitchens has been updated. Termite tenting was performed 5 years ago, with a clean inspection on June 2nd. A 4-point inspection was completed in July. The property size is 1,086 square feet.

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Hollywood

County

Broward

State

Florida

Longitude

-80.1475874

Latitude

26.0065113

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FAQs

What type of property is this?

Duplex - Duplex in prime location near downtown Hollywood and beaches.

Where is this duplex located?

The property is located at 2020 Madison St Hollywood, FL.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: Zoned Mixed Use, 10 Stories (up to 140 ft), MAX FAR of 3.00: Ideal for development.; Unbeatable location: Minutes from Downtown Hollywood and beaches.; New roof (2018) and updated plumbing under both kitchens.