2140 Monroe Terrace, Hollywood, FL 33020

$524,999
1,723
SqFt

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List Price
$524,999
Days on Market
30
MLS#
A12055604
Year Built
1953
Living Area
1,723
MLS Area Major
3050

Property Description

Exceptional investment opportunity in East Hollywood! Ideally located just a short walk from Downtown Hollywood and the ArtsPark at Young Circle, with its popular restaurants, bars, shops, entertainment, and year-round events, this beautifully updated duplex is also just minutes from Hollywood Beach, the Broadwalk, Gulfstream Park, and Fort Lauderdale-Hollywood International Airport. Approximately $45,000 of recent improvements including a new roof (2023), brand-new mini-split A/C systems, fresh interior and exterior paint, new fencing, new appliances, new flooring, and hurricane shutters. Each spacious 1-bedroom, 1-bath unit features double closets, a private fenced backyard, and its own washer and dryer. Situated on a quiet dead-end cul-de-sac with no HOA, the property offers parking for 4+ vehicles, making it ideal for owners, tenants, or guests. One unit is owner-occupied, while the other is leased on a month-to-month basis, with the tenant willing to remain if desired, providing immediate income potential. Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while renting the other, this is a rare opportunity in one of South Florida's most desirable and rapidly growing locations.

Additional Information

Utilities
Cable Available
Heating
Separate Meters, Wall Furnace
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Roof
Built-Up
Elementary School
Colbert
High School
South Broward

Listing courtesy of Coldwell Banker Realty.

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Calculator source: Real Geeks