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$1,020,000
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Property Description
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
Full Property Details
Full Property Details for 2241 Madison St
General
- Price: $1,020,000
- Taxes: $9,692 (2024)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11886948
- Updated: 3/15/2026
- Added to Site: 197 day(s) ago
Location
- Area: Hollywood Little Ranches
- County: Broward County
- Subdivision: HOLLYWOOD LITTLE RANCHES
- Building Name: HOLLYWOOD LITTLE RANCHES
- Driving Directions: From I-95, take the Hollywood Blvd exit eastbound toward Young Circle. Turn right on N 22nd Ave, then left on Madison Street. Property will be on your left
- Direction Faces: North
Community
- Community Name: Hollywood Little Ranches
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Multi-Family, Other Usage
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,883
- Lot Features: Fenced
- Development Status: Other
- Trees/Vegetation: Other Trees
- Zoning: DH-2
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $9,692
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 6 E1/2 LESS N 7.5 BLK 3
- Property ID: 514216011860
Listed by Citara Realty Group
Get Pre-Approved Today
Schools
Schools serving 2241 Madison St
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Colbert Elementary School 2701 Plunkett Street, Hollywood, FL 33020 | PK-5 | 0.7 mi |
Olsen Middle School 330 Southeast 11th Terrace, Dania Beach, FL 33004 | 6-8 | 2.2 mi |
South Broward High School 1901 North Federal Highway, Hollywood, FL 33020 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2241 Madison St
Date
Details
Price
Change
Source
3/15/2026
Price Increased
$1,020,000
13.33%
MLS
11/24/2025
Price Reduced
$900,000
-7.22%
MLS
10/22/2025
Price Reduced
$970,000
-5.83%
MLS
9/29/2025
Listed
$1,030,000
106%
MLS
5/19/2023
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2241 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,692
—
$458,020
3%
2024
$9,692
57%
$446,310
61%
2023
$6,192
38%
$277,730
39%
2021
$4,484
-11%
$200,250
-20%
2022
$5,058
13%
$249,230
35%
2021
$4,484
145%
$184,930
61%
2019
$1,829
5%
$114,700
2%
2018
$1,742
6%
$112,570
2%
2017
$1,644
-13%
$110,260
2%
2016
$1,891
25%
$108,000
81%
2015
$1,511
-32%
$59,670
-29%
2014
$2,232
11%
$84,310
10%
2013
$2,010
—
$76,650
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2241 Madison St
2241 Madison St, Hollywood, FL 33020 (MLS# A11886948) is a Land Residential property with a lot size of 0.22 acres. 2241 Madison St is currently listed for $1,020,000 and was received on September 29, 2025. Want to learn more about 2241 Madison St? Do you have questions about finding other Land Residential real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

