2000 Monroe St

Highlights:

• Lot Features: City Location
• Cooling: Central Individual A/C, Other, Wall/Window Unit(s)
• Heating: Central Individual A/C, Other, Wall/Window Units
• Flooring: Other, Tile
• Construction Materials: Concrete Block Construction, CBS Construction, Other
• Parking Features: Shared Parking

Description:

Prime multifamily investment opportunity at 2000 Monroe St, Hollywood, FL. The property consists of a 13-unit apartment building plus two adjacent single-family homes (each 2BD/1BA), creating a rare mixed residential asset with strong and diversified income. Situated on a large 25,000 SF lot with a pool, the property has seen numerous improvements including brand-new impact windows, updated A/C systems, and interior updates throughout many of the units, resulting in a well-maintained asset with minimal deferred maintenance. The two detached houses provide additional flexibility and future upside, including the potential for separate resale, repositioning, or redevelopment. Current zoning allows for the development of approximately 52 residential units on the site, offering significant long-term redevelopment potential. Prime location just off US-1 and only a 1-minute drive from Young Circle, placing the property in the heart of Hollywood and just minutes from Downtown Hollywood, major highways, Fort Lauderdale–Hollywood International Airport, and the beaches, supporting strong and consistent rental demand.

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Listing ID: A11974135