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2241 Madison St, Hollywood FL 33020

Lots/Land Recently Sold
$734,000

BTC: 11.46875000

ETH: 420.38946163

Sold on: 2026-06-01
207 days
0 room(s)

Overview

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

Location

Florida • Hollywood • 33020 • Lots/Land • Recently Sold

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.22 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$570,000
$295K – $1.0M
Confidence Low
List vs. estimate
$450K above estimate
List $1,020,000 · +78.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,692
2024
All facts and features

  • Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 514216011860

    • Zoning: DH-2

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $9,692

  • Source details

    • MLS ID: A11886948

    Other facts

    • Lot Features: Fenced

    • Direction Faces: North

    • Other Structures: None

    • Subdivision Name: HOLLYWOOD LITTLE RANCHES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33020
445
median $500K
Active
Same city
Hollywood
1,451
median $549K
Active
Same type
Lots/Land
32
median $992K
Active
Similar price
$714K – $1.3M
283
median $885K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Citara Realty Group