2315 Monroe St - Commercial LAND FOR SALE


Hollywood, FL 33020- Highland Garden10,032 SF
$750,000 USD
954-743-7594
2315 Monroe St, Hollywood, FL for Sale
$750,000 USD
Commercial LAND - FOR SALE
1/5
10,032 SF

2315 Monroe St
Hollywood, FL 33020
Highland Garden


HIGHLIGHTS

  • Prime Location: Minutes from downtown Hollywood, ArtsPark at Young Circle, and the beach.
  • 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
  • Post-Development Potential: Projected to generate $360,000 in gross annual rental income, offering strong pro forma returns.
  • Strong Market Demand: Rising demand from both renters and buyers makes this a valuable investment in rapidly growing South Florida.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/ACRE

$3,256,579/AC

PRICE/SF

$75 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

12 Unit Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.23 AC

LAND SF

10,032 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

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Elior LeviFausto Commercial Realty ConsultantsMore Info
954-743-7594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.