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2242 Monroe St - THE ROE Lot • Résidentiel • 15 387 Acres • 2 920 218 $ CAD • Hollywood, FL 33020
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Faits saillants de l'investissement
- Hollywood is booming with over $1.5B in real estate development surrounding Young Circle
- Located in a well-established residential community surrounded by homes valued up to $7M+
- With conventional financing, an investor could achieve: Equity Multiple: 2.5+ & Gross Return: 155%+
- 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
- Home values in Florida have surged by 164% over the past decade - jumping from an average of $144,464 in 2013 to $381,922 in 2023
Résumé de l'annonce
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: 2.5+
• Gross Return: 155%+
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
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!
With conventional financing, an investor could achieve:
• Equity Multiple: 2.5+
• Gross Return: 155%+
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
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!
Bilan financier (Pro forma - 2026) |
Annuel (CAD) | Annuel par AC (CAD) |
|---|---|---|
| Revenu de location brut |
1 495 211 $
|
97,17 $
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
74 760 $
|
4,86 $
|
| Revenu brut effectif |
1 420 451 $
|
92,32 $
|
| Taxes |
-
|
-
|
| Dépenses d’exploitation |
-
|
-
|
| Total des dépenses |
448 564 $
|
29,15 $
|
| Revenu net d’exploitation |
971 888 $
|
63,16 $
|
Bilan financier (Pro forma - 2026)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | 1 495 211 $ |
| Annuel par AC | 97,17 $ |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | 74 760 $ |
| Annuel par AC | 4,86 $ |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | 1 420 451 $ |
| Annuel par AC | 92,32 $ |
| Taxes (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | 448 564 $ |
| Annuel par AC | 29,15 $ |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | 971 888 $ |
| Annuel par AC | 63,16 $ |
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 2 920 218 $ CAD | Taille du lot | 15 387,00 AC |
| Prix par AC | 189,78 $ CAD |
| Prix | 2 920 218 $ CAD |
| Prix par AC | 189,78 $ CAD |
| Taille du lot | 15 387,00 AC |
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!
Description
Project and plans include 27 units total: 23 units with 1 bed/1 bath, 3 units with 2 bed/2 bath and 1 unit with 3 bed/2 bath.
1 1
Moyennement praticable à pied
70/100
Moyennement facile d’accès en voiture
70/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100
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Vidéos
Visite extérieure 3D Matterport
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Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
Uniconte LLC
2242 Monroe St - THE ROE
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