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2315 Monroe St
Hollywood, FL 33020
12 Unit Development Site · Land For Sale · 0.23 AC

INVESTMENT HIGHLIGHTS

  • Prime Location: Minutes from downtown Hollywood, ArtsPark at Young Circle, and the beach.
  • Post-Development Potential: Projected to generate $360,000 in gross annual rental income, offering strong pro forma returns.
  • Site Plan: Nearing approval for a 4-story, 12-unit multifamily building with ground-floor parking, ten 1-bed/1-bath units, and two 2-bed/1.5-bath unit
  • Strong Market Demand: Rising demand from both renters and buyers makes this a valuable investment in rapidly growing South Florida.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 0.23 AC
Zoning DH-2 - Dixie Highway Medium Intensity Multi-Family District. This zoning allows for medium-density multi-family residential development, like apartment compl

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-42-16-01-2180
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$420,650
  • Listing ID: 35863553

  • Date on Market: 5/14/2025

  • Last Updated:

  • Address: 2315 Monroe St, Hollywood, FL 33020

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