Under Contract590 Days

$2,500,000

1957 Monroe St
Hollywood, FL 33020

Commercial For Sale

5,054 Sq. Ft.

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Fausto Commercial Realty Consultants Inc

Description for 1957 Monroe St, Hollywood, FL 33020

For Sale> Broward County> Hollywood> 33020

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.

Property Details

Listing Details

Status: Under Contract

Property Type: Commercial

Property Style:Multi-Family

Sale/Rent: For Sale

MLS#: A11524393

Price: $2,500,000

List Date: 01/31/2024

Square Feet: 5,054 Sqft

Year Built: 1992

DOM: 84

Parking Total: 12

List Agent MLSID: 3574869

Location Information

Country: US

State: FL

County: Broward County

City: Hollywood

Zip Code: 33020

Street: Monroe St

Street Number: 1957

Postal Code 4: 5090

Longitude: W81° 51' 14.3''

Latitude: N26° 0' 28.2''

Address: 1957 Monroe St

MLS Area Major: 3040

Entire Listing Display?: Yes

Garage/Parking

Parking Feature:Assigned

Carport?: No

Garage?: No

Interior Features

Flooring:Tile,Vinyl

Windows:Impact Glass

Exterior Features

Roof:Tile,Barrel,Other

ConstructionMaterials:Block,Other

WaterFront and WaterAccess

Waterfront?: No

Land Info

Road:City Street

Parcel Number: 514215015430

Utilities

Heating System:Central

Cooling:Central Air

Sewer:Public Sewer

HOA Info

Stories: 2

Tax Info

Tax Desc: HOLLYWOOD 1-21 B LOT 1,2 & LOT 3 W 1 OF N 24 FT 1 IN BLK 28

Taxes: $17,062

Tax Year: 2023

Listing Information

Office Name: Fausto Commercial Realty Consultants Inc

Agent Name: Elior Levi

Cumulative DOM: 84

List Office MLSID: FAUS01

MLS: Sefmiami

Original List Price: $2,500,000

Potential Short Sale: No

Last Changed:

StructureType:Apartment

Price History

Source: MLS

Date	Event	Price	Source
2024-01-31	Under Contract	$2,500,000	MLS

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Courtesy of Fausto Commercial Realty Consultants Inc

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Information is deemed reliable but is not guaranteed.

© 2025 Miami Association of REALTORS®. All rights reserved. The information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.