StatusAccepting Backup Offers (Active Under Contract)
About 2242 Monroe St
PRIME LOCATION & NEGOCIABLE PRICE!! Don´t miss our this UNIQUE DEVELOPMENT OPPORTUNITY . This lot offers an exceptional investment opportunity. The possibilities are endless with the potential to build a lucrative multi-family building. Take advantage of the high demand for rental properties to capitalize on the growing market. it is strategically located just 0.6 M from downtown Hollywood and 1.7 M from the beach. Don't miss the opportunity to secure a valuable property with immense potential promising return on investment Consists of: Prime location strong investment potential to BUILD UP TO 4 STORIES BUILDING MULTIFAMILY PRICE NEGOCIABLE!!!
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,055
Per Month
Principal & Interest
$6,988
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,264
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Colbert Elementary School
2701 Plunkett St
Distance between this listing and this school0.64 miles
Public Magnet Grades PK-5
3
/10
Hollywood Central Elementary School
1700 Monroe St
Distance between this listing and this school0.67 miles
Public District Grades KG-5
10
/10
Hollywood Academy of Arts & Science
1705 Van Buren St
Distance between this listing and this school0.73 miles
Public Charter Grades KG-5
Nearby Schools
9
/10
Ben Gamla Charter School
2620 Hollywood Blvd
Distance between this listing and this school0.49 miles
Public Charter Grades KG-8
7
/10
Ben Gamla Charter School North Campus
2620 Hollywood Blvd
Distance between this listing and this school0.49 miles
Public Charter Grades KG-8
10
/10
Beachside Montessori Village
2230 Lincoln St
Distance between this listing and this school0.67 miles
Public Magnet Grades PK-8
Nearby Schools
4
/10
The Ben Gamla Preparatory Academy
2650 Van Buren St
Distance between this listing and this school0.49 miles
Public Charter Grades 6-12
7
/10
Paragon Academy of Technology
502 N 28th Ave
Distance between this listing and this school0.87 miles
Public Charter Grades 6-12
3
/10
Hallandale High School
720 NW 9th Ave
Distance between this listing and this school1.11 miles
The neighbors living near this home have an average income of $42,064. The most common annual income of people living in Hollywood, FL is between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2242 Monroe St
What is the listing price of this property?
The listing price of 2242 Monroe St property is $1,400,000.
What type of property is this?
The property 2242 Monroe St is land located in Hollywood, Florida, 33020.
Is this property for sale now?
Accepting Backup Offers: 2242 Monroe St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2242 Monroe St in Hollywood, FL and zip code 33020 in the Highland Garden neighborhood. This home sits on a 0.36 acre lot. It has been listed on Rocket Homes since August 29, 2023 and is currently priced at $1,400,000.
Hollywood, FL housing market in October 2024 saw over 8 listings sold above listed price, more than 9 sold at listed price and over 82 sold below. In October 2024 in Hollywood, FL there were 9.3% more homes for sale than in September 2024. Listings spent 75 days on the market in October 2024, and had a median list price of $485,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.