2242 Monroe St
Hollywood, FL 33020
16,887Sqft(Lot)
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: 2.6+ ; • Gross Return: 160%+ ; 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 a
Property Details
Map
Map
Features
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Lot Information
Main Square Feet: 16887 Lot Size Acres: 0.36 Lot Size Square Feet: 16,887 Lot Description: QuarterToHalfAcreLotProperty Information
Subdivision: HOLLYWOOD LITTLE RANCHES Source Property Type: Land MLS Area Minor: Hollywood East (3010-3050) Postal Code Plus 4: 4315 Zoning Description: DH-2 Property SubType: Residential Direction Faces: North
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Listing Price Information
Listing Price: $2045000Original Price: $2100000Cash, Conventional, Exchange1031
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Tax Information
Parcel Number: 514216012010 Tax Year: 2025 Annual Tax: $7361 Tax Legal Desc: THE WEST 75 FEET OF LOT 17,BLOCK 3, HOLLYWOOD LITTLE RANCHES
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Utility Information
CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, TrashCollection, WaterAvailable -
Location Information
WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1309 N 24th Ave, Hollywood, FL, 33020 | $725,000 | -- | -- | -- | 14,518 Sqft(Lot) |
| 2247 Jackson St, Hollywood, FL, 33020 | $1,200,000 | -- | -- | -- | 10,251 Sqft(Lot) |
| 2323 Polk St, Hollywood, FL, 33020 | $2,396,500 | -- | -- | -- | 20,515 Sqft(Lot) |
| 2239 Washington St, Hollywood, FL, 33020 | $2,500,000 | -- | -- | -- | 20,894 Sqft(Lot) |
| 2202 Van Buren St, Hollywood, FL, 33020 | $2,200,000 | -- | -- | -- | 20,501 Sqft(Lot) |
| 2323 Polk St, Hollywood, FL, 33020 | $2,396,500 | -- | -- | -- | 20,515 Sqft(Lot) |
| 307 S 24th Ave, Hollywood, FL, 33020 | $999,000 | -- | -- | -- | 8,001 Sqft(Lot) |
| 2205 Coolidge St, Hollywood, FL, 33020 | $359,000 | -- | -- | -- | 6,718 Sqft(Lot) |
| 1821 Harding St, Hollywood, FL, 33020 | $2,650,000 | -- | -- | -- | Acres (Lot)-- |
| 1917 Harding St, Hollywood, FL, 33020 | $715,000 | -- | -- | -- | 7,697 Sqft(Lot) |
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ByOwner last updated this listing 06/07/2026 @ 02:48
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