2242 Monroe St, Hollywood, FL 33020

Hollywood
Local realty services provided by:First Service Realty ERA Powered
2242 Monroe St,Hollywood, FL 33020
$2,100,000
Virtual Tour
  • 0.35 Acres
  • Lots / Land
  • Active
Listed by: mike kaplun
Office: trybal group llc.
MLS#:A11989396
Source:SEFMLS

Price summary

  • Price:$2,100,000

About this home

We are excited to present a rare development opportunity lot in the heart of Hollywood. This DH-2 zoned site is shovel-ready, with approved plans and permits for a 4-story, 27-unit multi-family building. The project comes with approved Plans and the Permit! With conventional financing, an investor could achieve: • Equity Multiple: 2.5+ • Gross Return: 155%+ The development plan includes: • Spacious 1, 2, and 3-bedroom units • Rooftop deck with open-air pool • Green space amenity with sun deck, BBQ area, and lounge zone • Fitness center • 34 covered parking spaces plus bicycle parking. Project and plans include 27 units total: 23 units with 1 bed/1 bath, 3 units with 2 bed/2 bath and 1 unit with 3 bed/2 bath. The site is just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, offering excellent access to restaurants, arts, and transit. Project highlights: • Approved construction plans available • Full geotechnical investigation...

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Home facts

  • Listing ID #:A11989396
  • Updated:March 26, 2026 at 12:00 AM

Structure and exterior

  • Lot area:0.35 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$2,100,000
  • Tax amount:$7,361 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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