2241 Madison St Hollywood, FL 33020
Highland Gardens NeighborhoodEstimated payment $6,410/month
Total Views
271
2
Beds
1
Bath
620
Sq Ft
$1,661
Price per Sq Ft
Highlights
- No HOA
- 1-Story Property
- South Facing Home
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Fenced
About This Home
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 (856 units, 35 stories) and Soleste La Piazza (378 units, 23 stories), 10 min to Hollywood Beach & Anne Kolb Nature Center, and 15 min to Fort Lauderdale International Airport. A unique opportunity in a booming redevelopment area—won’t last
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,692
Year Built
- Built in 1924
Lot Details
- 9,883 Sq Ft Lot
- South Facing Home
- Fenced
- Property is zoned DH-2
Home Design
- Shingle Roof
Interior Spaces
- 620 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- Driveway
- Open Parking
Schools
- Olsen Middle School
- South Broward High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Hollywood Little Ranches Subdivision
Listing and Financial Details
- Assessor Parcel Number 514216011860
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,692 | $446,350 | $59,300 | $387,050 |
| 2024 | $6,192 | $446,350 | $59,300 | $387,050 |
| 2023 | $6,192 | $277,730 | $59,300 | $218,430 |
| 2022 | $5,058 | $220,270 | $0 | $0 |
| 2021 | $4,484 | $200,250 | $59,300 | $140,950 |
| 2020 | $4,165 | $184,930 | $59,300 | $125,630 |
| 2019 | $1,829 | $114,700 | $0 | $0 |
| 2018 | $1,742 | $112,570 | $0 | $0 |
| 2017 | $1,644 | $110,260 | $0 | $0 |
| 2016 | $1,891 | $108,000 | $0 | $0 |
| 2015 | $1,511 | $59,670 | $0 | $0 |
| 2014 | $2,232 | $84,310 | $0 | $0 |
| 2013 | -- | $90,800 | $19,770 | $71,030 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $1,030,000 | +106.0% | $1,661 / Sq Ft |
| 05/22/2023 05/22/23 | Sold | $500,000 | -12.3% | $824 / Sq Ft |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- |
| 01/13/2023 01/13/23 | Price Changed | $570,000 | -4.2% | $939 / Sq Ft |
| 12/02/2022 12/02/22 | Price Changed | $595,000 | -5.6% | $980 / Sq Ft |
| 10/21/2022 10/21/22 | For Sale | $630,000 | +103.2% | $1,038 / Sq Ft |
| 06/08/2022 06/08/22 | Sold | $310,000 | +3.7% | $500 / Sq Ft |
| 05/09/2022 05/09/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $299,000 | 0.0% | $482 / Sq Ft |
| 12/01/2020 12/01/20 | Rented | $1,650 | +10.0% | -- |
| 11/01/2020 11/01/20 | Under Contract | -- | -- | -- |
| 10/25/2020 10/25/20 | For Rent | $1,500 | 0.0% | -- |
| 07/02/2015 07/02/15 | Sold | $120,000 | -7.0% | $158 / Sq Ft |
| 04/13/2015 04/13/15 | Pending | -- | -- | -- |
| 04/09/2015 04/09/15 | Price Changed | $129,000 | -7.2% | $170 / Sq Ft |
| 03/25/2015 03/25/15 | For Sale | $139,000 | +131.7% | $183 / Sq Ft |
| 04/30/2014 04/30/14 | Sold | $60,000 | -19.9% | $95 / Sq Ft |
| 04/03/2014 04/03/14 | Pending | -- | -- | -- |
| 03/18/2014 03/18/14 | For Sale | $74,900 | -- | $119 / Sq Ft |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $500,000 | None Listed On Document | |
| Warranty Deed | $310,000 | None Listed On Document | |
| Warranty Deed | $120,000 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $60,000 | Primary Title Services Inc | |
| Quit Claim Deed | $48,000 | None Available | |
| Quit Claim Deed | $48,000 | None Available | |
| Warranty Deed | $266,000 | Concorde Land Title Svcs Inc | |
| Warranty Deed | $166,000 | Concorde Land Title Svcs Inc | |
| Warranty Deed | $97,000 | -- | |
| Warranty Deed | $52,200 | -- | |
| Warranty Deed | $11,818 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Previous Owner | $117,472 | VA | |
| Previous Owner | $168,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $132,800 | Fannie Mae Freddie Mac | |
| Previous Owner | $97,975 | Purchase Money Mortgage | |
| Previous Owner | $88,500 | Unknown | |
| Previous Owner | $76,000 | Unknown | |
| Previous Owner | $58,500 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: MIAMI REALTORS® MLS
MLS Number: A11864833
APN: 51-42-16-01-1860
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