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2000 Monroe St
Hollywood, FL 33020 Parkside

$4,200,000 USD

Apartments For Sale • 2,908 SF

Property Details

Property Type Apartments
Total Building Size 8,823 SF
Lot Size 0.62 AC
Building Class C
Year Built 1936
Cap Rate 5.06 %
Zoning RMCRA-18, County

45 Transit Score

88 Walk Score

                
                    Highlights
                
                                15 Total Units with Diversified Income – 13-unit apartment building plus two detached 2BD/1BA single-family homes providing multiple income streams.
                            
                                Large 25,000 SF Development Site – Current zoning allows potential redevelopment of approximately 52 residential units, offering significant long-term
                            
                                Extensively Improved Asset – Recent upgrades include brand-new impact windows, updated A/C systems, and renovated interiors in many units.
                            
                                Value-Add & Future Flexibility – Detached homes allow options for separate resale, repositioning, redevelopment, or additional rental income.
                            
                                Strong Rental Demand Location – Positioned just off US-1 and one minute from Young Circle, in the center of Hollywood’s most active rental corridor.
                            
                                Central Hollywood Location – 1 minute to Young Circle, 3 minutes to Downtown Hollywood, 10 minutes to the beach, and 12 minutes to airport.

Property Flyers

2000 Monroe St-MINION-ELEVI -compressed

Financial Summary (Actual)

Net Operating Income: $212,317 USD (2025)

Cap Rate:	5.06 %
Total Expenses:	$114,383 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	4 min	-	1.8 mi
Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	7 min	-	3.0 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	12 min	-	6.8 mi
Miami International	41 min	-	24.8 mi

Elior Levi 954-743-7594 Fausto Commercial Realty Consultants

2000 Monroe St Hollywood, FL 33020 Parkside