Las Villas Hotel Suites development site, located at 1809 Madison Street, in Downtown Hollywood, Florida. The vacant land site is centrally located and is in close proximity to Ft. Lauderdale and Miami, Florida. The opportunity allows for an investor to acquire a land parcel, with a total of 14,986 square feet or .34 acres, fronting Federal Highway. The parcel is zoned FH-2 and located in the Medium High Intensity Mixed-Use District which allows various uses including Hotel and Multifamily development. We have underwritten the property with the land's highest and best use - 80 hotel rooms with 1,000 square feet of commercial space and 42 parking spaces.