Multifamily Housing
2300 Madison Street Hollywood, FL 33020
Details & Description
Price: $5,600,000
    Marcus & Millichap, as exclusive listing agent, is pleased to bring to market the Madison Street Portfolio, a 40 unit apartment portfolio located on Madison Street in Hollywood, Florida. The portfolio consists of one Studio, 31 One Bedroom / One Bathroom, two (2) Two Bedroom / One Bathroom Units, and six (6) Three Bedroom / One Bathroom units across 27,955 livable square feet. The buildings were constructed in 1962 and 1963 of concrete block construction with a painted stucco exterior. All of the units are on the same block across three parcels. Some of the units have been renovated with newer kitchens and bathrooms.The area is experiencing one of the fastest real estate redevelopment and investment surges in the region. These developments include major city projects and private condominium offerings.
    Property Highlights
     Excellent Unit Mix Consisting of Studio, One-, Two-, and Three Bedroom Units
     19621963 Concrete Block Construction
    Listing Agents
    Daniel Cunningham

    O: 954-245-3584
    daniel.cunningham@marcusmillichap.com
    Evan Richardson
    Marcus & Millichap
    O: 954-245-3501
    evan.richardson@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2300 Madison Street

    Hollywood, FL 33020

    Madison Portfolio

    Listing ID: 275577
    • 2300 Madison Street Hollywood, FL 33020 | for Sale | Photo 1
    • 2300 Madison Street Hollywood, FL 33020 | for Sale | Photo 2
    2300 Madison Street | for Sale | Thumbnail 1
    2300 Madison Street | for Sale | Thumbnail 2
    Building Size: 27,955 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $200.32
    Land $/SF:
    Price
    $5,600,000
    Property Highlights
    19621963 Concrete Block Construction
    Tile Flooring Throughout
    Excellent Unit Mix Consisting of Studio, One-, Two-, and Three Bedroom Units
    Description

    Marcus & Millichap, as exclusive listing agent, is pleased to bring to market the Madison Street Portfolio, a 40 unit apartment portfolio located on Madison Street in Hollywood, Florida. The portfolio consists of one Studio, 31 One Bedroom / One Bathroom, two (2) Two Bedroom / One Bathroom Units, and six (6) Three Bedroom / One Bathroom units across 27,955 livable square feet. The buildings were constructed in 1962 and 1963 of concrete block construction with a painted stucco exterior. All of the units are on the same block across three parcels. Some of the units have been renovated with newer kitchens and bathrooms.

    The area is experiencing one of the fastest real estate redevelopment and investment surges in the region. These developments include major city projects and private condominium offerings.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Hollywood History of Multifamily Housing for Sale

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    Hollywood Area Market Trends

    Listing Demographics for 2300 Madison Street Hollywood, FL 33020

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population28,135180,659424,467
    Population Median Age394342
    Population by Age0-9 Yrs2972 (10%)19517 (10%)46739 (11%)
    10-19 Yrs2901 (10%)15911 (8%)42017 (9%)
    20-29 Yrs3643 (12%)21226 (11%)50624 (11%)
    30-39 Yrs5069 (18%)24570 (13%)58156 (13%)
    40-49 Yrs4006 (14%)23988 (13%)56361 (13%)
    50-59 Yrs4337 (15%)25386 (14%)59445 (14%)
    60-69 Yrs3131 (11%)24110 (13%)53493 (12%)
    70+ Yrs2075 (7%)25950 (14%)57633 (13%)
    Median HH Income$41,070$50,736$51,440
    Total Household Income< 24K3198 (28%)17893 (23%)38270 (23%)
    25-49K3360 (30%)19125 (25%)42645 (25%)
    50-74K2211 (19%)13453 (17%)29161 (17%)
    75-99K993 (8%)7815 (10%)17606 (10%)
    100-199K1190 (10%)12112 (16%)26747 (16%)
    200K+214 (1%)4565 (6%)11242 (6%)
    Highest Education LevelNo Diploma34231591336430
    Diploma or GED64803389280797
    Some College41412627763071
    Assoc. Degree19781403031759
    Bachelors Degree31692734760520
    Higher Degree15031771139534
    Total Housing Units13,003109,429237,528
    --Owner-Occupied3,31541,54497,282
    --Renter-Occupied7,85133,41968,388
    Owner-Occupied Values< 100K670495211791
    100-199K957928524438
    200-299K1047914822345
    300-399K333767614684
    400-499K14033416091
    500K+168714217933
    Total Working Age Population23,288151,195351,714
    In Work Force15,98796,433221,997
    Not In Work Force7,30254,762129,717
    Workforce Employed14,86290,000208,016
    Workforce Unemployed1,1226,41113,849
    Civlian Workforce15,98496,411221,865
    Military Workforce322132
    Total Households11,16674,963165,671
    Family Households5,69742,28398,841
    Non-Family Households5,46932,68066,830
    Married Couple2,93728,47266,391
    Other Family2,76013,81132,450
    Married w/Child1,2548,84422,413
    Single Male w/Child2161,6653,536
    Single Female w/Child1,1284,64810,384

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Broward County1,623,018+81,748,066+111,942,686+92,120,334
    Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2300 Madison Street in Hollywood?
    The asking price for 2300 Madison Street is $5,600,000
    What is the building size of this Multifamily property in Hollywood, FL?
    The size of the building/unit at 2300 Madison Street in Hollywood is 27,955 square feet
    What is the population within 1 mile of 2300 Madison Street in Hollywood?
    The population within 1 mile of 2300 Madison Street Hollywood, FL 33020 is 28,135 people.
    Who do I contact for questions about 2300 Madison Street?
    You should contact the listing agent, Daniel Cunningham, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Fort Lauderdale Hollywood International Airport (FLL) 5
    Miami International Airport (MIA) 17
    Palm Beach International Airport (PBI) 47