1722 Madison St Hollywood, FL 33020-5537
Property profile & analytics
1722 Madison St Hollywood, FL 33020-5537
- Assisted living facilities
- 3,210 SF
- 0.25 lot acres
Property ID
US18-8856232
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Hollywood Beach Retirement Home / Retirement Community / Nursing Home
Property Details for 1722 Madison St
- Year built
- 1952
- Construction
- CONCRETE
- Lot size
- 0.25 lot acres
- Property size
- 3,210 SF
- Zone code
- FH-1
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 51-42-15-02-1750
- APU
- 514215021750
Description
This exceptional 1952-built medical office building, located at 1722 Madison St, Hollywood, FL 33020, is offered at $4,250,000. Situated in Broward County, this property boasts a prime location in a desirable area. The building's features include a recently installed roof and impact windows, ensuring both safety and longevity. A Generac generator provides uninterrupted power supply, minimizing downtime and maximizing operational efficiency. While previously marketed as a retirement home, the property's zoning and current configuration are suitable for a variety of medical office uses. The building's strong structural foundation and recent upgrades present a compelling investment opportunity for medical professionals or investors seeking a stable, high-return asset in a thriving Florida market. The property's location in Hollywood, Florida, offers easy access to major transportation routes and a vibrant community. This is a rare chance to acquire a well-maintained medical office building with significant upside potential in a highly sought-after location. The property's versatility and solid infrastructure make it an ideal investment for long-term growth and profitability. This is a turnkey opportunity ready for immediate occupancy or further development.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,476,000
- AI Estimate
- $1,165,000
Market price range: $719k - $1.89MMarket price range: $354k - $1.78M -
Alternative Use
- Use
- Estimation
- HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
- $1,195,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $2,140,000 Change: +79% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,890,000 Change: +58% Conversion: Difficult
- OFFICE BUILDING
- $1,570,000 Change: +31% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,450,000 Change: +21% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,140,000 Change: -5% Conversion: Difficult
- MEDICAL BUILDING
- $1,125,000 Change: -6% Conversion: Difficult
- RETAIL STORES
- $1,085,000 Change: -9% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1417
- Latitude
- 26.0067
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,723
$130,900
$507,900
$638,800
-
$130,900
$507,900
$638,800
