2242 Monroe Street
Hollywood, FL 33020
0.35Acre(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: 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
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Dimensions: 15375 Lot Size Acres: 0.35 Lot Size Square Feet: 15,375 Lot Description: CityLot,QuarterToHalfAcreLotProperty Information
Subdivision: HOLLYWOOD LITTLE RANCHES Source Property Type: Land Postal Code Plus 4: 4315 Property SubType: Unimproved Land Direction Faces: North
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Listing Price Information
Listing Price: $1995000Original 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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School Information
Elementary School: Colbert Junior High School: Senior High School: South Broward -
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 |
|---|---|---|---|---|---|
| 2022 Fletcher St, Hollywood, FL, 33020 | $3,000,000 | -- | -- | -- | 13,000 Sqft(Lot) |
| 3620 N 24th Avenue, Hollywood, FL, 33020 | $450,000 | -- | -- | -- | Acres (Lot)-- |
| 1601 N 16th Ct, Hollywood, FL, 33020 | $540,000 | -- | -- | -- | 11,400 Sqft(Lot) |
| 2229 Adams St, Hollywood, FL, 33020 | $760,000 | -- | -- | -- | 10,247 Sqft(Lot) |
| 1858 Fletcher Street, Hollywood, FL, 33020 | $1,100,000 | -- | -- | -- | Acres (Lot)-- |
| 1404 Jackson Street, Hollywood, FL, 33020 | $890,000 | -- | -- | -- | 0.19 Acre(Lot) |
| 1452 Jefferson Street, Hollywood, FL, 33020 | $639,999 | -- | -- | -- | 5,997 Sqft(Lot) |
| 1231 N 16th Court, Hollywood, FL, 33020 | $915,000 | -- | -- | -- | Acres (Lot)-- |
| 1741 Dewey Street, Hollywood, FL, 33020 | $1,849,000 | -- | -- | -- | 0.31 Acre(Lot) |
| 699 S Federal Highway, Hollywood, FL, 33020 | $3,500,000 | -- | -- | -- | Acres (Lot)-- |
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ByOwner last updated this listing 08/10/2026 @ 12:13
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