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Informations principales sur l'investissement

  • Shovel-ready multifamily redevelopment opportunity in Downtown Hollywood’s Parkside neighborhood
  • Planned 32-unit multifamily project with strong walkability to Young Circle, transit, dining, and nightlife
  • Located within a federally designated Opportunity Zone offering tax-advantaged investment potential

Résumé analytique

The seller is offering a rare infill multifamily redevelopment opportunity located at 2035 Monroe St in the heart of Downtown Hollywood’s Parkside neighborhood. The property is positioned within a federally designated Opportunity Zone, making it especially attractive to investor-driven buyers seeking long-term, tax-advantaged growth in one of South Florida’s most active urban submarkets.
The site is planned for a 32-unit multifamily development, featuring a mix of 1-, 2-, and 3-bedroom residences and penthouse units, with approximately 32,000 square feet of livable residential space. Architectural concepts are in place, providing a clear development path and allowing a buyer to move efficiently toward execution. The project is designed to meet sustained demand for high-quality rental housing in a walkable, transit-oriented downtown environment.
The Parkside neighborhood has become a focal point for new residential development due to its proximity to Young Circle, Downtown Hollywood’s restaurants, nightlife, cultural institutions, and planned infrastructure improvements. The property also benefits from excellent regional connectivity, with convenient access to Hollywood Beach, I-95, and Fort Lauderdale–Hollywood International Airport, as well as walkable access to the anticipated Downtown train station.
Market fundamentals remain strong, with newly constructed multifamily properties in the immediate area achieving market rents starting around $2,400 per month, supporting attractive projected revenue and long-term value creation. Continued public and private investment throughout Downtown Hollywood further strengthens the investment thesis.
This offering is ideally suited for multifamily developers, Opportunity Zone funds, and institutional or private investors seeking a centrally located, shovel-ready redevelopment site with scale, walkability, and durable long-term upside in Broward County.

Informations sur l’immeuble

Prix 1 984 601 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé Logement
Surface totale du lot 0,1 ha
Zone de développement économique [USA] Oui
Zonage Commercial - Multi-Family

1 Lot disponible

Lot

Prix 1 984 601 €
Prix par ha 19 564 182,27 €
Surface du lot 0,1 ha

Shovel-ready multifamily development site in Central Hollywood’s Parkside neighborhood within an Opportunity Zone. Planned 32-unit project offering walkable access to Downtown, Young Circle, transit, and continued public and private investment.

Description

2035 Monroe St presents a prime, shovel-ready multifamily redevelopment opportunity located in Central Hollywood, Florida, within the desirable Parkside neighborhood and a federally designated Opportunity Zone. The site offers developers and investors a rare combination of infill scale, walkable urban location, and long-term, tax-advantaged upside. The planned development consists of a 32-unit multifamily building featuring a diversified mix of 1-, 2-, and 3-bedroom residences along with penthouse units, totaling approximately 32,000 square feet of livable residential space. Architectural concepts illustrate a modern residential project designed to meet sustained demand for high-quality rental housing in Downtown Hollywood. The surrounding submarket demonstrates strong rental performance, with comparable new construction properties achieving rents beginning around $2,400 per month. Continued redevelopment around Young Circle, expanding residential density, and anticipated transit improvements further enhance the site’s long-term investment profile. This offering is ideally suited for multifamily developers and Opportunity Zone investors seeking a centrally located, shovel-ready redevelopment site in one of Broward County’s most active and rapidly evolving urban corridors.

Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100

Taxes foncières

Taxes foncières

Numéro de parcelle
51-42-15-01-0810
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
130 751 €
  • ID de l’annonce: 38987765

  • Date de mise sur le marché: 06/01/2026

  • Dernière mise à jour:

  • Adresse: 2035 Monroe St, Hollywood, FL 33020

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