NOT LISTED FOR SALE

1942 Monroe St Hollywood, FL 33020

Parkside Neighborhood

Estimated Value: $524,178 - $935,000

4 Beds
2 Baths
2,640 Sq Ft
$305/Sq Ft Est. Value

Last Sold December 09, 2024

Last sale price $880,000 $333 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,290/month

314 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Clear Impact Glass
  • Tile Flooring
  • 1-Story Property

About This Home

As of December 2024

Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, brand new roof, separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.

Last Listed By

Elior Levi

Fausto Commercial Realty Consultants Inc License #3574869 Listed on: 01/28/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,495

Year Built

  • Built in 1955

Lot Details

  • 5,445

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,640 Sq Ft Home
  • 1-Story Property
  • Clear Impact Glass

Flooring

  • Tile
  • Terrazzo

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 4 Units
  • Hollywood Condos
  • Hollywood Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 514215015780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,495

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HOLLYWOOD
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Terrazzo, Tile
  • Living Area: 2640
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Clear Impact Glass

Exterior Features

  • Roof: Other, Shingle
  • Construction Type: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514215015780
  • Zoning: PS-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8495

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2017
Sold by
Prince Mark and Prince Esther
Bought by
Prince Mark and Prince Esther L
Total Days on Market
314
Current Estimated Value
$805,795

Purchase Details

Closed on
Aug 1, 2017
Bought by
Prince Family Tr

Purchase Details

Closed on
Jun 26, 2017
Sold by
Prince Mark and Prince Esther
Bought by
Prince Mark D and Prince Esther L

Purchase Details

Closed on
Jun 1, 2017
Bought by
Prince Family Tr

Purchase Details

Closed on
Nov 30, 2000
Sold by
Pr Ilse Quintero
Bought by
Prince Mark

Purchase Details

Closed on
Sep 29, 1999
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
May 11, 1999
Sold by
East Ward Corp
Bought by
Quintero Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 1996
Sold by
Villota Clem
Bought by
East Ward Corp

Purchase Details

Closed on
Jun 1, 1987
Sold by
Available Not
Bought by
Available Not

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prince Family Tr $100 --
Prince Mark D -- Attorney
Prince Family Tr $100 --
Prince Mark $122,500 --
Available Not $10,000 --
Quintero Rafael $120,000 --
East Ward Corp $130,000 --
Available Not $85,643 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner East Ward Corp $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $880,000 -4.9% $333 / Sq Ft
12/08/2024 12/08/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $925,000 -2.6% $350 / Sq Ft
08/18/2024 08/18/24 Price Changed $950,000 -1.6% $360 / Sq Ft
06/09/2024 06/09/24 Price Changed $965,000 -2.5% $366 / Sq Ft
01/29/2024 01/29/24 For Sale $990,000 -- $375 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,511 $411,570 -- --
2024 $8,849 $409,190 $49,090 $360,100
2023 $8,849 $340,150 $0 $0
2022 $8,029 $309,230 $0 $0
2021 $7,667 $281,120 $0 $0
2020 $6,891 $302,520 $49,090 $253,430
2019 $6,440 $269,290 $49,090 $220,200
2018 $5,930 $258,100 $49,090 $209,010
2017 $5,203 $192,020 $0 $0
2016 $4,841 $174,570 $0 $0
2015 $4,428 $158,700 $0 $0
2014 $4,156 $144,280 $0 $0
2013 -- $141,520 $49,090 $92,430
Source: Public Records

Agents Affiliated with this Home

  • Elior Levi

    Seller's Agent in 2024

    Elior Levi

    Fausto Commercial Realty Consultants Inc

    (954) 743-7594

    5 in this area

    30 Total Sales

    Elior Levi
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11522777

MIAMI REALTORS® MLS

APN: 51-42-15-01-5780

Florida Broward County Hollywood 33020 Parkside

1942 Monroe St, Hollywood, FL

Homes for Sale in Hollywood, FL

This home is located at 1942 Monroe St, Hollywood, FL 33020 since 28 January 2024 and is currently estimated at $805,795, approximately $305 per square foot. This property was built in 1955. 1942 Monroe St is a home located in Broward County with nearby schools including Hollywood Central Elementary School, Olsen Middle School, and South Broward High School.

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