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1813 Madison St, Hollywood, Florida, 33020
$
3727
Bedrooms
3
Utilities Included
No
Bathrooms
3
Furnished
No
Available to Lease on
TBD
Property Type
Townhouse
SQFT
1751
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Key metrics
Rent
$
3727
Monthly Estimated Profit?
$
388
Annual Estimated Profit?
$
4,656
Acquisition Fee
$
2500
Security Deposit
$
TBD
Average Daily Rate
$
322
Occupancy
63
Annual Revenue
$
58,000
Key Features

Important Notes

The owner is open to a master lease. The current rate is $3,500/month unfurnished, but furnishing options and pricing are negotiable upon discussion. The tenant is responsible for electricity, water, cable/internet, and tenant insurance.

This spacious 1,850-square-foot townhome-style unit, located within a 6-unit multifamily property, offers an ideal setting for corporate housing. Situated in Hollywood, FL, the property is perfectly suited for professionals or traveling medical staff seeking proximity to local attractions and major hospitals. With flexible options, including explicit master leasing and multi-year lease terms, it serves as a highly convenient choice for corporate teams requiring stable, long-term placements.

Situated in a vibrant neighborhood, the property provides quick access to major highways, facilitating easy commutes to nearby business districts and healthcare facilities. Each expansive unit features a private backyard and an exclusive roof terrace, providing a comfortable, home-like retreat after a busy workday. Whether leased unfurnished or custom-furnished, this property is designed to seamlessly meet the needs of busy professionals looking for comfort and convenience.

Property Features

• 3 Bedrooms / 3 Bathrooms: A comfortable layout with ample privacy for roommates or colleagues.

• 1,850 Sq Ft: Generous interior living space, excluding the balconies.

• Private Outdoor Space: Each unit includes its own private backyard and roof terrace.

• Modern Design: Built in 2018, offering contemporary finishes and fixtures.

• Utilities & Maintenance: Owner covers garbage removal, taxes, and building insurance.

STR Regulations Summary:  

Status:
STR Friendly

View Regulations Here

Hollywood, Florida has specific regulations for short-term rentals (STRs), including non-owner occupied properties. Here are the key points:

  1. Licensing: All STR operators, including those with non-owner occupied properties, must obtain a Vacation Rental License Certificate, a Certificate of Use Application, and a Business Tax Receipt15.
  2. No primary residence requirement: Hollywood does not require that a vacation rental be a primary residence, allowing investors to own and manage multiple STRs7.
  3. Occupancy limits: The city has set occupancy rules for all STRs:
    • Minimum 150 square feet for the first occupant, 100 square feet for each additional occupant6.
    • Bedrooms must have at least 70 square feet for one occupant or 50 square feet per person if shared6.
    • Overnight occupancy cannot exceed 1.5 times the daytime limit, excluding children under four6.
  4. Noise regulations: The city enforces strict noise ordinances, with quiet hours between 11:00 pm and 7:00 am3.
  5. Waste management: STRs must have proper trash storage containers and contract for side-door pick-up service, except for properties with alley garbage collection3.
  6. Parking: All STRs must comply with relevant parking codes as outlined in Chapter 72 of the Hollywood Code of Ordinances3.
  7. Taxes: STR operators are subject to the Florida Discretionary Sales Surtax of 0.5%-1.5% on listing prices for reservations of 182 nights and shorter1.

Property Location

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