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Apartments/Hotel Steps to the Beach
For Sale
$3,200,000

308 Monroe St, Hollywood, FL 33019

Apartments/Hotel near the beach with owner financing.

Property SizeContact for details
Lot Size0.18 Acres
Days on Market255

Property Features for 308 Monroe St

General Information

Standard status Active
Lot size 0.18 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $51,711

Building Details

Year Built 1954
Units 10
Listing Agency:
Listed By: Daniel Kennedy
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:51PM

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 Daniel Kennedy

Investment Insights

Based on property information with market context.

This property features 10 large units, each equipped with kitchens. The property is located steps from the beach in a quiet area. It is zoned residential, offering the potential to construct houses or condos. The building includes solar panels, resulting in a low monthly electric bill. A patio provides ocean views. Additional features include gas hot water heaters and a coin-operated washer/dryer. The property is decorated with surfing decor. Owner financing is available with a 50% down payment. The surrounding area is undergoing improvements, including the installation of brick pavers and underground utilities.

Key Highlights

  • Owner financing available.
  • Steps to the beach with OCEAN VIEWS.
  • Zoned residential, allowing for potential future development.

Property Analytics

Current Use

Surf Inn Hotel ... Hotel & Motel

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.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Apartments/Hotel near the beach with owner financing.
Where is this hotel located?
The property is located at 308 Monroe St Hollywood, FL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Owner financing available.; Steps to the beach with OCEAN VIEWS.; Zoned residential, allowing for potential future development.
More about this property
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