2242 Monroe St, Hollywood, FL 33020
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: mike kaplun, oleksandr adamov
Office: trybal group llc.
MLS#:A11989396
Source:SEFMLS
Price summary
- Price:$2,100,000
About this home
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!...
Contact an agent
Home facts
- Listing ID #:A11989396
- Updated:March 31, 2026 at 08:58 PM
Structure and exterior
- Lot area:0.35 Acres
Utilities
- Water:Public, Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$2,100,000
- Tax amount:$7,361 (2025)
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