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Beachside Apartment Building
For Sale
$3,550,000

1-6-323 Monroe St, Hollywood, FL 33019

Well-maintained 2-story building offers four 1-bedroom units, two efficiencies, and includes impact windows and split A/Cs.

Property SizeContact for details
Days on Market90

Property Features for 1-6-323 Monroe St

General Information

Standard status Active

Additional Details

Business Included Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $33,313

Amenities

laundry room
storage room

Building Details

Stories 2
Tenancy Multi
Listing Agency: RAINBOW INVESTMENT REALTY
Listed By: Lambert Wu · License #B26033184
Source: Exprealty
Added: Jun 10 Changed: Sep 6 Last Checked: Sep 6 at 12:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RAINBOW INVESTMENT REALTY

Investment Insights

Based on property information with market context.

This well-maintained, 2-story apartment building includes six total units configured as four 1-bedroom / 1-bath units and two efficiency units. The property is presented as turn-key for its current use as a short-term rental business. Building features include all impact windows and split A/C units, along with a dedicated laundry room and an additional storage room.

The property is described as only a few steps to the beachside walkway in Hollywood, Florida. It also has separate electric metering for each unit, totaling six electric meters.

The layout and improvements are geared toward short-term rental operations, with on-site laundry and extra storage to support day-to-day convenience.

Key Highlights

  • Fantastic 6‑unit building on Hollywood Beach: four 1‑bedroom units and two efficiency units
  • All impact windows and split A/C units
  • Well‑maintained 2‑story building with a laundry room and extra storage room

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Nail Salon Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby

Demographics for 33019, FL

15,497
Population
12,453
Households
1.2
Avg Household Size
55
Median Age
60%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,188
Density / Sq Mi
$94,824
Median Household Income
$59,226
Median Earnings
$1,983
Median Rent
$631,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Well-maintained 2-story building offers four 1-bedroom units, two efficiencies, and includes impact windows and split A/Cs.
Where is this short term rental property located?
The property is located at 1-6-323 Monroe St Hollywood, FL.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: Fantastic 6‑unit building on Hollywood Beach: four 1‑bedroom units and two efficiency units; All impact windows and split A/C units; Well‑maintained 2‑story building with a laundry room and extra storage room
More about this property
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