2242 Monroe St, Hollywood FL 33020
Residential at HOLLYWOOD LITTLE RANCHES in Hollywood
$1,995,000
Listing courtesy of Trybal Group LLC; Mike Kaplun. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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Residential, Land/Boat Docks
Details
Overview
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: 1.88x; • Net Investment Return: 88%. 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!
This residential home located at 2242 Monroe St, Hollywood FL 33020 is currently for sale and has been available on Brickellsold for 111 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. 2242 Monroe St, Hollywood FL 33020 is in Hollywood county Broward County.
Interior
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Property
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Construction
Community & HOA
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- Subdivision: HOLLYWOOD LITTLE RANCHES
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Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Aventura Waterways K-8 Center • 0.0 mi • K-12
- Dr. Michael M. Krop Senior High • 0.0 mi • K-12
- Virginia A. Boone/Highland Oaks Elementary • 0.0 mi • K-12
- iPrep Academy North • 0.0 mi • K-12
- Highland Oaks Middle • 0.0 mi • K-12
- Madie Ives K-8 Preparatory Academy • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.
