Description

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 completed
• Zoning and permitting confirmed for immediate build-out.

Close with the permit in hand and start construction the next day!

Address

Open on Google Maps

Address: Monroe St
City: Hollywood
State/county: Broward County
Zip/Postal Code: 33020
Area: HOLLYWOOD LITTLE RANCHES

Details

Updated on April 17, 2026 at 2:30 am

Property ID A11989396
Price $2,100,000
Land Area 0.35 Square Feet
Type Residential
Property Status Land/Boat Docks

Additional details

BuildingAreaUnits Square Feet
BuildingName HOLLYWOOD LITTLE RANCHES
ContractStatusChangeDate 2026-03-25
CurrentUse Multi-Family, Check Land Use Plan
DaysOnMarket 22
DevelopmentStatus Other, Recorded Plat
DirectionFaces North
DocumentsAvailable Building Permit, Bore Test, Engineering Studies, Environmental Impact Study, Plat Map, Survey Available
DocumentsCount 6
ExpirationDate 2027-03-25
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 312-423-7934
ListingTerms All Cash, Conventional, Exchange
LotFeatures City Location, 1/4 To Less Than 1/2 Acre Lot, No Misc/Improvements
LotSizeSquareFeet 15387
MLSAreaMajor Hollywood Little Ranches
MajorChangeTimestamp March 25, 2026 at 06:25pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp April 16, 2026 at 08:44pm
OnMarketDate 2026-03-25
OriginalEntryTimestamp March 25, 2026 at 06:25pm
OriginalListPrice 2100000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
OtherStructures None
ParcelNumber 514216012010
PhotosChangeTimestamp April 16, 2026 at 08:47pm
PhotosCount 21
PostalCodePlus4 4315
PriceChangeTimestamp March 25, 2026 at 06:25pm
PublicSurveyRange 51
PublicSurveySection 16
PublicSurveyTownship 51
RoadFrontageType City/County Maintained
RoadResponsibility Public Maintained Road
RoadSurfaceType Paved
ShowingContactType Agent, Call Listing Office
ShowingInstructions Call Listing Agent, Call Listing Office
SourceSystemKey 445757615
StateOrProvince FL
StatusChangeTimestamp March 25, 2026 at 06:25pm
StreetName Monroe St
StreetNumber 2242
StreetNumberNumeric 2242
StructureType Residential
SyndicationRemarks 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 completed • Zoning and permitting confirmed for immediate build-out. Close with the permit in hand and start construction the next day!
TaxAnnualAmount 7361
TaxLegalDescription THE WEST 75 FEET OF LOT 17, BLOCK 3, HOLLYWOOD LITTLE RANCHES
TaxYear 2025
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Removal, Water Available
Vegetation Other Trees
WaterSource Municipal Water
Zoning DH-2