2242 Monroe St ,Residential, Hollywood Little Ranches for Sale & Rent

2242 Monroe St for Sale & Rent

Price $2,100,000.00

• Lot size 15387
• Year Build
• Waterfront
• Zip 33020
• Style
• Parking Description
• Pool Yes
• Status Active

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 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!

THE WEST 75 FEET OF LOT 17,BLOCK 3, HOLLYWOOD LITTLE RANCHES

City Location, 1/4 To Less Than 1/2 Acre Lot, No Misc/Improvements

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!

City:Hollywood,Zoning:DH-2,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:26.0073459,List Price:2100000,Listing Id:A11989396,Longitude:-80.1526053,Mls Status:Active,Utilities:1:Electricity Connected,2:Natural Gas Connected,3:Phone Connected,4:Sewer Connected,5:Water Connected,6:Cable Available,7:Electricity Available,8:Natural Gas Available,9:Phone Available,10:Sewer Available,11:Trash Removal,12:Water Available,Current Use:1:Check Land Use Plan,Postal Code:33020,Street Name:Monroe St,Coordinates:1:26.0073459,Lot Features:1:1/4 To Less Than 1/2 Acre Lot,2:No Misc/Improvements,Photos Count:21,Building Name:HOLLYWOOD LITTLE RANCHES,Days On Market:6,Listing Terms:1:Conventional,2:Exchange,Lot Size Acres:0.35,Lot Size Units:Square Feet,M I A M I R E_ Area:3050,M L S Area Major:Hollywood Little Ranches,On Market Date:2026-03-25,Parcel Number:514216012010,Property Type:Land/Boat Docks,Street Number:2242,Public Remarks: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!,County Or Parish:Broward County,Direction Faces:North,Documents Count:6,Expiration Date:2027-03-25,List Office Name:Trybal Group LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4315,Property Sub Type:Residential,State Or Province:FL,Subdivision Name:HOLLYWOOD LITTLE RANCHES,Tax Annual Amount:7361,Unparsed Address:2242 Monroe St, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,Building Area Units:Square Feet,Development Status:1:Recorded Plat,Leasable Area Units:Square Feet,Lot Size Square Feet:15387,M I A M I R E_ Flood Zone:X,Original List Price:2100000,Public Survey Range:51,Documents Available:1:Bore Test,2:Engineering Studies,3:Environmental Impact Study,4:Plat Map,5:Survey Available,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Showing Contact Type:1:Call Listing Office,Syndication Remarks: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!,Listing Contract Date:2026-03-25,Originating System I D:miamire,Public Survey Section:16,Showing Instructions:Call Listing Agent,Call Listing Office,Street Number Numeric:2242,Tax Legal Description:THE WEST 75 FEET OF LOT 17,BLOCK 3, HOLLYWOOD LITTLE RANCHES,M I A M I R E_ Current Price:2100000,M I A M I R E_ Owner Agent Y N:1,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Geographic Area:Hollywood East (3010-3050),M I A M I R E_ Internet Remarks:Shovel-ready DH-2 site: 27 units, approved plans & permits. Prime Hollywood location near Young Circle & beach. Build immediately-strong ROI potential,M I A M I R E_ Parcel Number M L X:2010,M I A M I R E_ Street View Param:1$26.012809$-80.156571$13.92$13.33$1.00$ljb1bc7Xzefz_QUM27jSxQ,Contract Status Change Date:2026-03-25,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Subdivision Number:1,M I A M I R E_ Fill From Record_ M U I:418292119,M I A M I R E_ Agent Alternate Phone:312-423-7934,M I A M I R E_ Supplemental Remarks:? Hollywood is booming with over $1.5B in real estate development surrounding Young Circle ? Rapidly growing rental market with new leases surpassing $3/SQFT ? New construction condo sales exceeding $700/SQFT ? Located in a well-established residential community surrounded by homes valued up to $7M+ ? Strong local school district and family-friendly amenities ? Steady home price growth for 12 consecutive years ? With conventional financing, an investor could achieve: Equity Multiple: 2.5+ & Gross Return: 155%+ ? Home values in Florida have surged by 164% over the past decade - jumping from an average of $144,464 in 2013 to $381,922 in 2023,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:2242 Monroe St,