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$600,000
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Property Description
Fausto Commercial is pleased to present a prime development opportunity in the heart of Hollywood, FL. Located at 2315 Monroe St, this 10,032 SF lot is nearing site plan approval for a 4-story, 12-unit multifamily building-featuring ground-floor parking, ten spacious 1-bed/1-bath units, and two spacious 2-bed/1.5-bath units above. With a projected gross annual income of $360,000, this site offers strong rental income potential post-development. Just minutes from downtown Hollywood, the ArtsPark at Young Circle, and the beaches, this property offers an ideal blend of location, design efficiency, and long-term upside.
Full Property Details
Full Property Details for 2315 Monroe St
General
- Sold For: $600,000
- Taxes: $8,650 (2024)
- Status: Closed
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11802185
- Added to Site: 248 day(s) ago
Location
- Area: Hollywood Little Ranches
- County: Broward County
- Subdivision: HOLLYWOOD LITTLE RANCHES
- Building Name: HOLLYWOOD LITTLE RANCHES
Community
- Community Name: Hollywood Little Ranches
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Other Utilities Available, Other
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
Lot Features
- Lot Size (Acres): 0.2303
- Lot Size (Sq. Ft.): 10,032
- Lot Dimensions: 0 x 0
- Lot Features: City Location, Less Than 1 Acre
- Potential Use: Investment, Urban Commercial
- Zoning: DH-2
Financial Considerations
- Tax Amount: $8,650
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 9 LESS W 50 BLK 4
- Property ID: 514216012180
Listed and Sold by Fausto Commercial Realty Consultants Inc
Get Pre-Approved Today
Schools
Schools serving 2315 Monroe St
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Colbert Elementary School 2701 Plunkett Street, Hollywood, FL 33020 | PK-5 | 0.7 mi |
Olsen Middle School 330 Southeast 11th Terrace, Dania Beach, FL 33004 | 6-8 | 2.2 mi |
South Broward High School 1901 North Federal Highway, Hollywood, FL 33020 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2315 Monroe St
Date
Details
Price
Change
Source
9/09/2025
Sold
$600,000
-20%
MLS
5/13/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2315 Monroe St, Hollywood, FL 33020 (MLS# A11802185) is a Commercial Land property that was sold at $600,000 on September 09, 2025. Want to learn more about 2315 Monroe St? Do you have questions about finding other Commercial Land real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

