2241 Madison St, Hollywood

Developers & investorsrare 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 areawont last