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+27 photosLuxury home — 2140 Monroe Terrace · Harris Estates · Hollywood
$524,999
2140 Monroe Terrace, Hollywood, FL 33020
Hollywood, FL, 33020
— bd · 0 ba · 1,723 sqft
Listed by Coldwell Banker Realty
2140 Monroe Terrace, Hollywood, FL 33020
Listed by Coldwell Banker Realty
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Estimated monthly payment
$3,912/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $3,912/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AH · verify insurance quotes before buying.
About this home
Find similar homesExceptional investment opportunity in East Hollywood! Ideally located just a short walk from Downtown Hollywood and the ArtsPark at Young Circle, with its popular restaurants, bars, shops, entertainment, and year-round events, this beautifully updated duplex is also just minutes from Hollywood Beach, the Broadwalk, Gulfstream Park, and Fort Lauderdale-Hollywood International Airport. Approximately $45,000 of recent improvements including a new roof (2023), brand-new mini-split A/C systems, fresh interior and exterior paint, new fencing, new appliances, new flooring, and hurricane shutters. Each spacious 1-bedroom, 1-bath unit features double closets, a private fenced backyard, and its own washer and dryer. Situated on a quiet dead-end cul-de-sac with no HOA, the property offers parking for 4+ vehicles, making it ideal for owners, tenants, or guests. One unit is owner-occupied, while the other is leased on a month-to-month basis, with the tenant willing to remain if desired, providing immediate income potential. Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while renting the other, this is a rare opportunity in one of South Florida's most desirable and rapidly growing locations.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
118 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $3,912/mo
2140 Monroe Terrace, Hollywood, FL 33020 · Hollywood
Location
2140 Monroe Terrace, Hollywood, FL 33020
What buyers ask about this home
What are the estimated monthly carrying costs at 2140 Monroe Terrace, Hollywood, FL 33020?+
Property tax (after sale): $914/month est.; homeowners insurance: $274/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,188/month est. Principal and interest: $2,724/month; PMI: $0/month. Total for the payment scenario shown: $3,912/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 2140 Monroe Terrace, Hollywood, FL 33020?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 2140 Monroe Terrace, Hollywood, FL 33020 need flood insurance, and what drives the premium?+
Most of Hollywood sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 2140 Monroe Terrace, Hollywood, FL 33020?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 2140 Monroe Terrace, Hollywood, FL 33020?+
This listing has been on the market 118 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Hollywood, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Zone boundaries published by Broward County Public Schools.
Other options for this address
Hollywood Academy Of Arts And Science Middle School
Middle school · Charter · Grades 6–8 · Hollywood
Championship Academy Of Distinction Middle School
Middle school · Charter · Grades 6–8 · Hollywood
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Hollywood
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Hollywood
Mati Talent Institute Private School
Pre-K & Kindergarten · Private · Grades PK–12 · Hallandale Beach
Aukela Christian Military Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · West Park
Sheridan Hills Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Hollywood
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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