1957 Monroe St, Hollywood FL 33020

Closed

$2,500,000

Est. Payment $13,306/mo

MLS Sheet Video

1992

Year Built

2

Stories

84

Days on Market

Description

We are pleased to present 1957 Monroe St in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just a minute away from Young Circle. Featuring 8 spacious units, with 6 units featuring 1 bed/1 bath and 2 units offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $182,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units, and a rare perk—each unit is equipped with its own washer/dryer, ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 12 assigned spaces.

Facts

MLS#
A11524393
Subdivision
—
Property Type
Commercial Sale
Property Sub Type
Income/MultiFamily
Year Built
1992
Lot Size
11,472 ft²
Sq. Ft.
—
Sq. Mt.
—
Price per sq. ft.
—
Price per sq. mt.
—
Stories
2
Garage
—
Pool
—
Days on Market
84 days
Listed
Jan 31, 2024
Last Updated
May 30, 2024
Price/Lot Sq.Ft.
$218/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Hollywood

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100
Buyers marketSellers market

49

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/30/2024Sold$2,500,000
1/31/2024Listed for sale$2,500,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1957 Monroe St, Hollywood FL 33020Directions

Estimated Monthly Payment

$15,539/mo

Principal & Interest

$13,306

Property Tax

$2,083

Insurance

$150

HOA

$0

20% ($500,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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