2021-2027 Jefferson St
Hollywood, FL 33020 Parkside

2021–2027 Jefferson St presents a rare income-producing, shovel-ready multifamily redevelopment opportunity in Hollywood’s desirable Parkside neighborhood. The existing property includes five rental units currently generating approximately $98,400 in annual gross rental income, providing in-place cash flow while a buyer prepares for redevelopment.

The property is offered with fully approved plans for a 53-unit multifamily development featuring a mix of 1- and 2-bedroom residences and penthouse units, totaling approximately 68,861 SF. The approved project provides a clear path toward construction and meaningful development scale in a walkable Downtown Hollywood location.

Located within a federally designated Opportunity Zone, the site may offer potential tax advantages for qualified investors, subject to individual eligibility and tax counsel. The property is also positioned near Young Circle, Downtown Hollywood, dining, entertainment, transit, major roadways, Hollywood Beach, and Fort Lauderdale–Hollywood International Airport.

This offering combines current rental income, approved development plans, Opportunity Zone positioning, and long-term redevelopment potential in one of Broward County’s active urban growth corridors.