2246 Monroe Street, Hollywood, FL 33020

Property Description

We are excited to present a rare development opportunity lot in the heart of Hollywood. This DH-2 zoned site is shovel-ready, with approved plans and permits for a 4-story, 27-unit multi-family building. The project comes with approved Plans and the Permit! The development plan includes: Spacious 1, 2, and 3-bedroom unitsRooftop deck with open-air pool; Green space amenity with sun deck, BBQ area, and lounge zoneFitness center; 34 covered parking spaces plus bicycle parking. Project and plans include 27 units total: 23 units with 1 bed/1.1 bath, 3 units with 2 bed/2 bath and 1 unit with 3 bed/3 bath. The site is just a 10-minute walk from Young Circle and an 8-minute drive to Hollywood Beach, offering excellent access to restaurants, arts, and transit. Close with the permit in hand and start construction the next day! • Approved construction plans available • Zoning and permitting confirmed for immediate build-out • Full geotechnical investigation completed • Hollywood is booming with over $1.5B in real estate development surrounding Young Circle • Rapidly growing rental market with new leases surpassing $3/SQFT • New construction condo sales exceeding $700/SQFT • Strong local school district and family-friendly amenities • Steady home price growth for 12 consecutive years