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+16 photosLuxury home — 2246 Monroe Street · Hollywood Little Ranches · Hollywood
$2,655,000
2246 Monroe Street, Hollywood, FL 33020
Hollywood, FL, 33020
— bd · 0 ba · — sqft
Listed by Trybal Group LLC
2246 Monroe Street, Hollywood, FL 33020
Listed by Trybal Group LLC
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homesWe 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
Property Details
Your costs (est.)
2246 Monroe Street, Hollywood, FL 33020 · Hollywood
Location
2246 Monroe Street, Hollywood, FL 33020
What buyers ask about this home
What are the estimated monthly carrying costs at 2246 Monroe Street, Hollywood, FL 33020?+
Property tax (after sale): $4,624/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 2246 Monroe Street, 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 2246 Monroe Street, 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 2246 Monroe Street, 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, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 2246 Monroe Street, Hollywood, FL 33020?+
This listing has been on the market 21 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.
Sheridan Hills Christian School
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · 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
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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