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Tear-Down Double Lot in Cul-de-Sac
For Sale
$639,000

2424 Monroe, Hollywood, FL 33020

Residentially zoned double lot on a cul-de-sac, sold for land value with existing structure to be demolished.

Property SizeContact for details
Lot Size0.47 Acres
Days on Market92

Property Features for 2424 Monroe

General Information

Standard status Active
Lot size 0.47 Acres
Property subtype Land or Vacant Lot
Zoning RS3

Taxes and HOA fees

Annual Taxes $9,901
Listing Agency: BLUE LIGHTHOUSE REALTY, INC
Listed By: JORGE A ZEA · License #B26008240
Source: Corcoran
Added: May 13 Changed: Aug 8 Last Checked: Jul 22 at 4:21AM

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 BLUE LIGHTHOUSE REALTY, INC

Investment Insights

Based on property information with market context.

This parcel is being sold for land value only, and the current structure must be demolished. The site consists of a double lot configuration with zoning listed as RS3, offering room to build one larger home or divide for two homes, subject to approvals. The property is described as suitable for development by investors, developers, and home builders, with guidance to complete due diligence on plans and requirements.

The property is located in the heart of Hollywood and sits on a cul-de-sac. Public remarks indicate a park is approximately three doors down, with walking access to historic downtown Hollywood and Hollywood-Young-Circle, and about 10 minutes by drive to the beach.

As presented, the parcel is offered as a tear-down redevelopment opportunity and is best suited for parties who plan to replace the existing improvements with new construction.

Key Highlights

  • Residentially zoned double lot on a cul‑de‑sac, sold for land value with existing structure to be demolished
  • RS3 zoning with potential to divide and build 2 homes (per owner)
  • Double‑lot size listed as 20,500 SF total, with 10,250 SF per lot (per owner)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Restaurant Adult Day Care Pet Store

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

Location Intelligence

Trade Area within ½ mile

4,055
Businesses Nearby

Demographics for 33020, FL

45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residentially zoned double lot on a cul-de-sac, sold for land value with existing structure to be demolished.
Where is this residential land & home lot located?
The property is located at 2424 Monroe Hollywood, FL.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Residentially zoned double lot on a cul‑de‑sac, sold for land value with existing structure to be demolished; RS3 zoning with potential to divide and build 2 homes (per owner); Double‑lot size listed as 20,500 SF total, with 10,250 SF per lot (per owner)
More about this property
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