2242 Monroe St, Hollywood FL 33020, HOLLYWOOD, FL, 33020
Active142 days on marketListed Mar 25, 2026MLS #A11989396
About this home
2242 Monroe St, Hollywood FL 33020
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! With conventional financing, an investor could achieve: • Equity Multiple: 1.88x; • Net Investment Return: 88%. The development plan includes: • Spacious 1, 2, and 3-bedroom units; • Rooftop deck with open-air pool; • Green space amenity with sun deck, BBQ area, and lounge zone; • Fitness 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. Project highlights: • Approved construction plans available; • Full geotechnical investigation completed; • Zoning and permitting confirmed for immediate build-out. Close with the permit in hand and start construction the next day!
Facts & features
The home at a glance
0.35 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$12,286 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$12,286/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Highland Garden
Get to know Hollywood. See the full Hollywood guide →
Highland Garden — neighborhood snapshot
Population
9,704
Median age
40
Median income
$64,536
Median home value
$293,460
Avg household
3
Households w/ children
814
For the school run
Broward County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Hollywood market
$508K → $508K
Hollywood median sold, yr/yr
95.4%
Sale-to-list ratio (12 mo)
Median sold price, Hollywood, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 6550% above the HOLLYWOOD 33020 median. See the full Hollywood market guide →
Paper trail
This home's history
Reality check
What actually sold near 2242 Monroe St
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$734,000
2241 Madison St, Hollywood FL 33020 · same community
2 bd · 1 ba · 620 sqft · $1,184/sqft · 242 DOM
Sold · Sep ’25$600,000
2419 Washington St, Hollywood FL 33020 · same community
4 bd · 2 ba · 1,276 sqft · $470/sqft · 36 DOM
Sold · Aug ’25$670,000
2519 Washington St, Hollywood FL 33020 · same community
3 bd · 3 ba · 1,406 sqft · $477/sqft · 17 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Jillian Kobylesky
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 2242 Monroe St — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2242 Monroe St — before you fall in love.
See it in person
Schedule a tour
Live availability from Jillian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
2242 Monroe St FAQs
What would the monthly payment be for 2242 Monroe St, Hollywood FL 33020?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $12,286/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 2242 Monroe St, Hollywood FL 33020?+
The most recent tax bill on record (2025) was $7,361. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Hollywood?+
At $1,995,000, this home is listed about 308% above the Hollywood median of $489,000. The market section on this page shows how the area is trending.
Which schools are assigned to 2242 Monroe St, Hollywood FL 33020?+
McNicol Middle School (middle), Colbert Elementary School (elementary), Hallandale High School (high) — Broward County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of Trybal Group LLC · Mike Kaplun. MLS #A11989396.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
Never miss a listing
New Hollywood homes, in your inbox
Like 2242 Monroe St, Hollywood FL 33020 but not quite? A daily digest of every new listing in Hollywood — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Jillian to ping you on any price or status change →