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Two-Story Beachside Multifamily Building

323 Monroe Street #1-6, Hollywood, FL 33019

For Sale
$3,550,000

Well-maintained six-unit property with impact windows, split AC, and on-site laundry for short-term rental use.

Property Size3,868 SF
Days on Market149

Property Features for 323 Monroe Street #1-6

General Information

Standard status Active
Size 3,868 SF
Total Parking Spaces 5
Zoning BRT-25-R

Site & Location

Neighborhood South Central Beach

Additional Details

Business Included Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $33,314

Building Details

Building Size 3,868 SF
Year Built 1957
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Rainbow Investment Realty Inc
Listed By: Lambert Wu · License #B26033184
Source: Laerrealty
Added: Jun 12 Changed: Nov 2 Last Checked: Nov 6 at 5:39AM

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 Inc

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Investment Insights

Based on property information with market context.

This well-maintained two-story multifamily building offers six total units, comprised of four large 1/1 units and two efficiency units. The property is equipped with all-impact windows and split air-conditioning units throughout. For utilities, there are six electric meters servicing the building. The interior includes a dedicated laundry room and an extra storage room, supporting convenient day-to-day operations.

The building is described as being only a few steps from the beachside walk in Hollywood, Florida. It is currently used as a short-term rental property, with the listing indicating the operation is turn-key.

For a buyer or operator looking for an income-producing short-term rental setup, the unit mix and in-place improvements are designed to support guest-ready living arrangements. The combination of impact windows, individual split AC systems, and the on-site laundry and storage spaces can help streamline turnover and day-to-day management. With a fully established short-term rental business already operating on-site, this property may suit buyers seeking a straightforward acquisition aligned with the current use.

Key Highlights

  • Six‑unit building built in 1957, comprising four 1/1 units and two efficiency units
  • All impact windows throughout the property
  • All units have split AC units

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Hollywood, FL

$315 Jul
$383 Aug
$414 Sep
$417 Oct

Properties on Market for Apartment buildings in Hollywood

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained six-unit property with impact windows, split AC, and on-site laundry for short-term rental use.
Where is this apartment building located?
The property is located at 323 Monroe Street #1-6 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: Six‑unit building built in 1957, comprising four 1/1 units and two efficiency units; All impact windows throughout the property; All units have split AC units
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