2035 Monroe St
Hollywood, FL 33020 Parkside

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.