Residential in 2242 Monroe St Hollywood for sale with MLS# A11989396
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!
2242 Monroe St, Hollywood, FL 33020
- Price:
- $2,100,000.00
- Original List Price:
- $2,100,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land
- Property Type:
- Residential
- MLS Number:
- A11989396
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 25, 2026 2:25 pm
- Lot Area:
- 15,387 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Quarter To Half Acre Lot
- Lot Size Acres:
- 0.35
- Number of Lots:
- 1
- Waterfront:
- No
- Building:
- Not Applicable
- Property Entrance Faces:
- North
- Road Responsibility:
- Public Maintained Road
- Tax Annual Amount:
- $7,361.00
- Tax Year:
- 2025
- Covered Spaces:
- 0
- Utilities Available:
- Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Trash Collection, Phone Available
- Water Source:
- Public
- Subdivision Name:
- HOLLYWOOD LITTLE RANCHES
- Senior Community:
- No
- Development Status:
- Other, Site Plan Filed
- Documents Available:
- Survey, Permits, Environmental Study, Plat, Engineering Report
- Disclosures:
- Owner Is Listing Agent
- Listing Terms Considered by Seller:
- Cash, Conventional, 1031 Exchange
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- THE WEST 75 FEET OF LOT 17,BLOCK 3, HOLLYWOOD LITTLE RANCHES
- Real Estate Folio Number (Parcel Number):
- 514216012010
- Zoning Description:
- DH-2
- Originally published on:
- March 25, 2026 2:25 pm
- Active on the market since:
- March 25, 2026
- Price change occurred on:
- March 25, 2026 2:25 pm
- Listing Status Last Changed On:
- March 25, 2026 2:25 pm
- Photos updated on:
- April 16, 2026 9:12 pm
- Last Modified:
- April 16, 2026 9:12 pm
- Flood Zone:
- X
- Subdivision Number:
- 1
- Courtesy of:
- Trybal Group LLC
- Attribution:
- leasing@uniconte.com
- Road Surface Type:
- Paved
- Street Name:
- Monroe St
- Street Number:
- 2242
- City:
- Hollywood
- State:
- Florida
- Zip Code:
- 33020
- County:
- Broward
- Latitude:
- N26° 0' 27''
- Longitude:
- W81° 50' 54.1''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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