1947 MADISON Street 1-5, Hollywood, FL (MLS# B26100401)

1947 MADISON Street 1-5, Hollywood, FL

New Listing
$1,290,000
Property Type: Commercial Sale Square Footage: 2,598 Status: Active
Current Price: $1,290,000 List Date: 11/14/2026 Last Modified: 11/15/2026

Overview

Description

Take this opportunity to add five new rental units to your portfolio in a single property! Very attractive property due to the prime location in Hollywood Florida. Walking distance to Downtown Hollywood Blvd with an array of restaurants, shops, activities and night life. Approximately 2.5 miles from Hollywood beach and just 1.5 miles from i95 and only 15 minutes to Hollywood Hard Rock! New ownership has the option to charge all utilities separate due to the five electric meters and 6 (city) water meters. Washer and dryer are supplied to tenants on sight. Roof is 6-7 years old and all unites have been remodeled giving new owners ready to lease units! Property zoning allows for building up to 5 stories. Don't miss this profitable income opportunity!

Listing Details MLS# B26100401

General Property Information

Number Of Buildings
2
Property Sub Type
Multi Family
Number Of Units Total
5
Occupant Type
Tenant
Building Area Main
2598
Building Area Source
Appraiser
Adjusted Area Main
2110
Year Built
1973
Parking Total
5
Lot Size Area
5454
Lot Size Acres
0.13
Accessibility Features YN
No
Stories Total
2
Stories
2

Property Features

Building Features: Laundry Facilities Business Type: Rental Ceiling: Ceiling Height Varies Documents Available: Contracts; Copy Of Lease(s); Owner Managed Electric: Separate Meters Fencing: Back Yard; Chain Link Flooring: Laminate; Tile Heating: None Location of Property: City Location; In Residential Area; Near School Parking Features: Assigned Possession: Close Of Escrow Sale Includes: Building; Fixtures; Land; Leases Special Listing Conditions: Standard Source Of Expenses: Information Limited Tenant Pays: Cable TV; Electricity; Interior Electric Construction Materials: Block Cooling: Ceiling Fan(s); Wall/Window Unit(s) Listing Terms: Cash; Conventional; Private Financing Available Lot Features: Sidewalks Restrictions: Limited # Vehicles; Parking - No Boat; Parking - No RV Road Frontage Type: City Street; West of US-1 Traffic Type: Pedestrian; Light Road Responsibility: Public Maintained Road Road Surface Type: Asphalt Roof: Shingle Security Features: None Sewer: Public Sewer Special Information: Sold As-Is Utilities: Electricity Available; Water Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied; Schedule Online Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1290000
Negotiable Seller Concessions YN
No
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Broward
Street Number
1947
Street Name
MADISON
Street Suffix
Street
Unit Number
1-5
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33020
Postal Code +4
5482
Area
3050
Geographic Area
HWEA - Hollywood East (3010-3050)
Parcel Number
514215015660
Subdivision Number
Yes
Multiple Offers Accepted
Yes
Zoning
PS-2
Flood Zone
X
Directions
From i95 - East on Hollywood Blvd to US1. South on US1. West on Madison street. Property is on the 19th Block.
Building Name
1947
Property Description
MULTIFAMILY 5 UNITS

Financial Information

Tax Annual Amount
14902.57
Tax Year
2026
Tax Legal Description
HOLLYWOOD 1-21 B LOT 4 BLK 29

Status Change Information

Major Change Timestamp
2026-11-14T22:26:41Z
Major Change Type
New Listing
Status Change Date
2026-11-14

More Information

Building and Property Details

# Of Tenants
5
# Of Toilets
5
% Air Conditioned
100
Door Height
0-8'

Distance To Information

Miles to Beach
2
Miles to Expressway
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
5
Separate Gas Meters YN
No
Separate Water Meters YN
Yes
Number Of Separate Water Meters
6
Number Of Meters Total
11

Other Area Details

Living Area Other Structures
441
Building Area Other Structures
441
Adjusted Area Other Structures
441

Unit Details

Number Of Units Leased
4

Description of Unit Type 1

Unit Type
2 Bedroom
Units Total
Yes
Full Baths
Yes
Furnished
No

Description of Unit Type 2

Unit Type
2 Bedroom
Units Total
2
Full Baths
Yes
Furnished
No
Annual Rent
18600

Description of Unit Type 3

Unit Type
2 Bedroom
Units Total
3
Full Baths
Yes
Furnished
No
Annual Rent
21120

Description of Unit Type 4

Unit Type
1 Bedroom
Units Total
4
Full Baths
Yes
Furnished
No
Annual Rent
16800

Description of Unit Type 5

Unit Type
1 Bedroom
Units Total
5
Full Baths
Yes
Furnished
No
Annual Rent
23400

Originating Details

Originating System Key
20261113160313064665000000
Originating System ID
M00000170
IDX
Listing Office: LPT Realty, LLC
Source MLS Verified
Last Updated: November - 15 - 2026
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