$750,000
UNDER CONTRACT

2315 Monroe St Hollywood, FL 33020

Highland Gardens Neighborhood

Estimated payment $4,808/month

Total Views 1,375
0.23 Acre
$3,256,622 Price per Acre
10,032 Sq Ft Lot

About This Lot

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.

Listing Agent

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869 Listed on: 05/13/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,650

Lot Details

  • 10,032 Sq Ft Lot
  • Property is zoned DH-2

Location

  • City Lot

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 514216012180

Property Details

Property Type

Land

Est. Annual Taxes

$8,650

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 0.2303
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: HOLLYWOOD LITTLE RANCHES
  • Special Features: 4224
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Urban Commercial

Exterior Features

  • Lot Features: City Location, 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: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 514216012180
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 10032
  • Zoning: DH-2

Multi Family

  • Gross Scheduled Income: 360000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8650

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,650 $420,650 -- --
2024 $7,718 $420,650 $60,190 $294,320
2023 $7,718 $347,650 $0 $0
2022 $6,870 $316,050 $60,190 $255,860
2021 $5,534 $250,470 $60,190 $190,280
2020 $2,178 $161,180 $60,190 $100,990
2019 $2,128 $159,240 $60,190 $99,050
2018 $1,928 $148,660 $60,190 $88,470
2017 $1,310 $43,850 $0 $0
2016 $1,135 $39,870 $0 $0
2015 $1,000 $36,250 $0 $0
2014 $1,755 $64,630 $0 $0
2013 -- $69,150 $20,060 $49,090
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $750,000 +194.1% --
12/03/2020 12/03/20 Sold $255,000 0.0% $278 / Sq Ft
12/03/2020 12/03/20 Sold $255,000 -7.3% $278 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
11/03/2020 11/03/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $275,000 -16.7% $300 / Sq Ft
12/01/2019 12/01/19 For Sale $330,000 -- $360 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $330,000 Empire Title Services Llc
Warranty Deed $255,000 Attorney
Warranty Deed $68,000 Boulevard Title Of S Fl Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $234,000 Construction
Closed $234,000 Construction
Previous Owner $257,250 Balloon
Previous Owner $165,000 New Conventional
Previous Owner $63,000 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11802185

MIAMI REALTORS® MLS

APN: 51-42-16-01-2180

Florida Broward County Hollywood 33020 Highland Gardens

2315 Monroe St, Hollywood, FL

This home is located at 2315 Monroe St, Hollywood, FL 33020 and is currently priced at $750,000. 2315 Monroe St is a home located in Broward County with nearby schools including Colbert Elementary School, Olsen Middle School, and South Broward High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Elior Levi
Listing Agent
Elior Levi
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Fausto Commercial Realty Consultants Inc
(754) 290-0637