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1813 Madison St 6 Unit Apartment Building $4,400,000 ($733,333/Unit) Hollywood, FL 33020
Investment Highlights
- 2020 Construction | Six Large 3BR/3BA Townhome-Style Units with roof terrace
- Each unit features a private rooftop terrace and two covered parking spaces.
- Fully leased multifamily with current income and future redevelopment flexibility.
Executive Summary
Newer-construction six-unit multifamily asset built in 2019, featuring large 3BR/3BA townhome-style units, private rooftop terraces, and 12 covered parking spaces. The property offers current income with long-term redevelopment potential under multifamily zoning, subject to City of Hollywood approvals. Strong opportunity for investors seeking a modern South Florida multifamily asset.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,400,000 | Lot Size | 0.31 AC |
| Price Per Unit | $733,333 | Building Size | 11,112 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2019 |
| Property Subtype | Apartment | Parking Ratio | 0.18/1,000 SF |
| Apartment Style | Townhome | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | FH-2 - Multi Family, feet away from South Federal Hwy, residential neighborhood very quiet tree street. | ||
| Price | $4,400,000 |
| Price Per Unit | $733,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 11,112 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2019 |
| Parking Ratio | 0.18/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | FH-2 - Multi Family, feet away from South Federal Hwy, residential neighborhood very quiet tree street. |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Tenant Controlled HVAC
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 6 | - | 1,850 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 51-42-15-01-7090 | Improvements Assessment | $3,197,480 (2026) |
| Land Assessment | $122,730 (2026) | Total Assessment | $3,320,210 (2026) |
Property Taxes
Parcel Number
51-42-15-01-7090
Land Assessment
$122,730 (2026)
Improvements Assessment
$3,197,480 (2026)
Total Assessment
$3,320,210 (2026)
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1813 Madison St