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$2,100,000

  • For Sale
  • Active
  • Land Residential
  • 0.35 Acres
  • Updated 12 days ago
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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!

Full Property Details for 2242 Monroe St

General

  • Price: $2,100,000
  • Taxes: $7,361 (2025)
  • Status: Active
  • Type: Land Residential
  • Source: Greater_Miami
  • MLS ID: A11989396
  • Updated: 3/31/2026
  • Added to Site: 18 day(s) ago

Location

  • Area: Hollywood Little Ranches
  • County: Broward County
  • Subdivision: HOLLYWOOD LITTLE RANCHES
  • Building Name: HOLLYWOOD LITTLE RANCHES
  • Direction Faces: North

Community

  • Community Name: Hollywood Little Ranches

Utilities

  • Water: Municipal Water
  • Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available,

Structural Information

  • Structure Type: Residential
  • Detached/Attached: Detached
  • Current Bldg. Use: Multi-Family, Check Land Use Plan

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.35
  • Lot Size (Sq. Ft.): 15,387
  • Street/Road Desc.: Paved
  • Lot Features: City Location, 1/4 To Less Than 1/2 Acre Lot, No Misc/Improvements
  • Development Status: Other, Recorded Plat
  • Trees/Vegetation: Other Trees
  • Zoning: DH-2

Financial Considerations

  • Tax Amount: $7,361
  • Tax Year: 2025
  • Terms: All Cash, Conventional, Exchange

Disclosures and Reports

  • Documents Avail.: Building Permit, Bore Test, Engineering Studies, Environmental Impact Study, Plat Map, Survey Available
  • Legal Description: THE WEST 75 FEET OF LOT 17, BLOCK 3, HOLLYWOOD LITTLE RANCHES
  • Property ID: 514216012010

Listed by Trybal Group LLC

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Listing agents

— 2242 Monroe St —

  • Trybal Group LLC

  • Trybal Group LLC

leasing@uniconte.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2242 Monroe St

School District:Broward County School District
NameGradesDistance
Colbert Elementary School
2701 Plunkett Street, Hollywood, FL 33020
PK-50.7 mi
Olsen Middle School
330 Southeast 11th Terrace, Dania Beach, FL 33004
6-82.2 mi
South Broward High School
1901 North Federal Highway, Hollywood, FL 33020
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2242 Monroe St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Listed
$2,100,000
900%
MLS
10/06/2014
Sold
$210,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2242 Monroe St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,154
—
$361,100
3%
2024
$7,154
3%
$350,930
3%
2023
$6,944
5%
$340,710
3%
2022
$6,595
3%
$330,790
3%
2021
$6,427
—
$321,160
-17%
2021
$6,427
-35%
$387,730
27%
2019
$9,872
58%
$305,500
3%
2018
$6,247
7%
$295,440
-14%
2017
$5,825
4%
$344,930
11%
2016
$5,604
6%
$310,880
18%
2015
$5,273
-3%
$264,220
25%
2014
$5,461
11%
$210,600
10%
2013
$4,919
—
$191,460
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Trybal Group LLC

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2242 Monroe St, Hollywood, FL 33020 (MLS# A11989396) is a Land Residential property with a lot size of 0.35 acres. 2242 Monroe St is currently listed for $2,100,000 and was received on March 25, 2026. Want to learn more about 2242 Monroe St? Do you have questions about finding other Land Residential real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

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