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$750,000
Est. payment /mo
10,031 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Hollywood Little Ranches
MLS Listing ID A11802185
HOA Y/N No
Annual Tax Amount $8,650
Tax Year 2024
Lot Size 10,031 Sqft
Acres 0.2303
Property Description
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.
Location
State FL
County Broward
Community Hollywood Little Ranches
Area 3050
Exterior
Utilities Available Other
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Public Sewer
Water Public
Others
Tax ID 514216012180
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11802185
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Listed by Fausto Commercial Realty Consultants Inc