2242 Monroe St Hollywood FL 33020 (A11989396)
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Overview of Parcel 514216012010
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!
Please contact your ZFC agent for more information about MLS# AX-11989396 or any other land for sale in Hollywood or elsewhere in the Broward County area.
2242 Monroe St Price Calculator
The payment calculator figures for Parcel 514216012010 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this land for sale are estimated based on the actual property taxes for this property for the tax year 2025 which are $7,361 but will likely change when this land sells. These estimations are calculated from a list price of $2,100,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the land characteristics and location.
Recent Land Sales near 2242 Monroe St
MLS# AX-11989396 Listing History
Map of 2242 Monroe St Hollywood FL 33020
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