1722 Madison St Hollywood, FL 33020-5537
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.
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Hollywood Beach Retirement Home Retirement Community Nursing Home
xie Highway Districts DH-1 - Dixie Highway Low Intensity Multi-Family District DH-2 - Dixie Highway Medium Intensity Multi-Family District DH-3 - Dixie Highway High Intensity Mixed-Use District Federal Highway Districts FH-1 - Federal Highway Low-Medium Intensity Multi-Family District FH-2 - Federal Highway Medium-High Intensity Mixed-Use District Lakes Tran…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
FH-1 · Hollywood, FLxie Highway Districts DH-1 - Dixie Highway Low Intensity Multi-Family District DH-2 - Dixie Highway Medium Intensity Multi-Family District DH-3 - Dixie Highway High Intensity Mixed-Use District Federal Highway Districts FH-1 - Federal Highway Low-Medium Intensity Multi-Family District FH-2 - Federal Highway Medium-High Intensity Mixed-Use District Lakes Transition District LT - Lakes Transition District North Downtown Districts ND-1 - North
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.