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!
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!
Property Details
Price:
$2,100,000
MLS #:
A11989396
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Residential
Subdivision:
HOLLYWOOD LITTLE RANCHES
Neighborhood:
hollywoodlittleranches
Listed Date:
Mar 25, 2026
Lot Size:
15,387 sqft / 0.35 acres (approx)
See this Listing
Schools
Interior
Exterior
Direction Faces
North
Lot Features
City Location, 1/4 To Less Than 1/2 Acre Lot, No Misc/Improvements
Other Structures
None
Financial
Tax Year
2025
Taxes
$7,361
Map
Community
- Address2242 Monroe St Hollywood FL
- SubdivisionHOLLYWOOD LITTLE RANCHES
- CityHollywood
- CountyBroward County
- Zip Code33020
Market Summary
Current real estate data for Single Family in Hollywood as of Apr 21, 2026
627
Single Family Listed
140
Avg DOM
481
Avg $ / SqFt
$1,024,813
Avg List Price
Property Summary
- Located in the HOLLYWOOD LITTLE RANCHES subdivision, 2242 Monroe St Hollywood FL is a Single Family for sale in Hollywood, FL, 33020. It is listed for $2,100,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Hollywood is $481. The average listing price for Single Family in Hollywood is $1,024,813.
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2242 Monroe St
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