$2,034,720

Estimated payment $11,877/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

We are excited to present a rare development opportunity at 2246 Monroe St, 16,887 SQFT lot in the heart of Hollywood, FL. This DH-2 zoned site (Dixie Highway Medium Intensity Multi-Family District) for a 4-story, 27-unit multi-family building. Development plans include: 1, 2, and 3-bedroom spacious units; Rooftop deck with open-air pool; Green space amenity with sun deck, BBQ area, and lounge zone; Fitness center 34 covered parking spaces + bicycle parking.Building permit application submitted. Sale contingent on permit approval and issuance prior to closing. Reports & Approvals: Approved architectural plans available; Full geotechnical investigation completed; Zoning confirmed; Close with permit in hands, start construction next day.

Listing Agent

Oleksandr Adamov

Platinum Ocean Realty, LLC. License #3624624

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,154

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 75x200
  • Landscaped with Trees

Home Design

Location

  • Flood Zone Lot
  • City Lot

Utilities

  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 514216012010

Community Details

Overview

  • No Home Owners Association
  • Hollywood Little Ranches Condos
  • Hollywood Little Ranches Subdivision

Building Details

  • Operating Expense $260,460
  • Net Operating Income $564,330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,154

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Income/MultiFamily
  • Horses: No
  • Lot Size Acres: 0.35
  • Lot Size: 75x200
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Road Surface Type: Paved
  • Subdivision Name: HOLLYWOOD LITTLE RANCHES
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Urban Commercial

Exterior Features

  • Lot Features: City Location, Lot Located In A Flood Zone, Near School, Urban Area Development, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD LITTLE RANCHES

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 514216012010
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 15387
  • Zoning: DH-2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Net Operating Income: 564330
  • Gross Scheduled Income: 868200
  • Annual Operating Expense: 260460

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7154

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 For Sale $2,034,720 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11797127

MIAMI REALTORS® MLS