Multi-Family Space For Lease @ 2220 Madison St

The Madison Villas multifamily opportunity is a very well located asset in the path of progress for the City of Hollywood, FL. The property features almost exclusively two bedroom and two bath units which for the area is the absolutely most desirable unit type in a land of mostly studio's and one bedrooms. There may be a possible future condo conversion here or a redevelopment project as the underlying land entitlements are part of the extensive rezoning that the City of Hollywood was able to accomplish in the last few years.

Madison Villas features a new roof as of 2017 and new Hurricane Impact Windows as of 2020. Most of the units here have seen significant renovations including new kitchens with granite counter tops. Most of the central air conditioners have been replaced in the last few years. There is on-site laundry facilities in addition to a large storage closet with an option to rent out this space for additional income. Madison does have an additional layer of security for tenant peace of mind with security cameras on-site.

Vacant units for Madison Villas do not stay this way for very long. The size of the units alone brings very high demand and a low vacancy factor for the asset. Public transportation is ample and all of Downtown's amenities and retail districts are in walking distance to the property. Hollywood Florida is well positioned to continue it's massive growth strategy and become a metropolis that directly competes with Fort Lauderdale and Miami. This space offers accomodations for: lowrisegarden.