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Investment Opportunity

Miami Investmens

2246 Monroe St Hollywood FL 33020 MLS #A11845300

2246 Monroe St
Hollywood, FL, 33020
$1,975,000
Beds
0 Bathrooms
0 SqFt
0.35 Acres
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$1,975,000
2246 Monroe St
Hollywood, FL, 33020
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Project 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 development plan includes: 1, 2, and 3-bedroom spacious units; Rooftop deck with open-air pool; Green space amenity with sun deck, BBQ area, and lounge zone; Fitness center; 34 covered parking spaces, bicycle parking. Located just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, this site offers unbeatable access to restaurants, arts and transit. Approved construction plans available; Full geotechnical investigation completed; Zoning and permitting confirmed for immediate build-out. Close with permit in hands, start construction next day!

Property Details

Price:
$1,975,000
MLS #:
A11845300
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
HOLLYWOOD LITTLE RANCHES
Neighborhood:
Hollywood Little Ranches
Listed Date:
Jul 22, 2025
Lot Size:
15,387 sqft / 0.35 acres (approx)
Hollywood Little RanchesHollywood Little RanchesHollywood Little RanchesUnimproved Multi Family (5+units)

Schools

Interior

Exterior

Financial

Net Operating Income
$574,470
Tax Year
2024
Taxes
$7,154

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Annual Profitability of:
2246 Monroe St
Hollywood, FL