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2140 Monroe Terrace

Hollywood FL 33020

1723 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

1723 sq. ft. floor area
Duplex

Property history for 2140 Monroe Terrace

2023
Sold
$489,000
18 Jul 2023 by Jerry Vega, of REAL ESTATE AUTHORITY LLC

Happy sellers in Hollywood

72%
72% of sellers in Hollywood reported that their sale price either exceeded or met their price expectations.

Hollywood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Hollywood over the last 12 months.

Local market activity for duplexes in Hollywood

In the last 12 months, 43 duplexes similar to 2140 Monroe Terrace, have been sold.

This represents a 47% increase in duplexes sales when compared to the previous 12 months.

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