2242 Monroe St, Hollywood FL 33020 | Broward County | A11989396
- $1,995,000
- Residential
- Sq Ft
- $1,995,000
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+;
• Net Investment Return: 103%.
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/1.1 bath, 3 units with 2 bed/2 bath and 1 unit with 3 bed/3 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!
Property Overview
This property is listed at $2,100,000. The number of bedrooms, bathrooms, square footage, and year built are not specified in the provided data.
The property is located at 2242 Monroe St, Hollywood FL 33020 in Broward County. The MLS number for this property is A11989396. Amenities for the property are not detailed in the provided data.
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Address
Open on Google Maps-
Address: Monroe St
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City: Hollywood
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State/county: Broward County
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Zip/Postal Code: 33020
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Area: HOLLYWOOD LITTLE RANCHES
Details
Updated on July 5, 2026 at 2:45 pm-
Property ID A11989396
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Price $1,995,000
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Land Area 0.36 Sq Ft
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Type Residential
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Property Status Active, Land/Boat Docks
Additional details
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Building HOLLYWOOD LITTLE RANCHES
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Area Hollywood Little Ranches
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Annual Tax 7361
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional, Exchange
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Waterfront No
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Subdivision HOLLYWOOD LITTLE RANCHES
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Structure Type Residential
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Tax Year 2025
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Flood Zone X
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New Construction No
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Lot Size (Sq Ft) 15375
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