1723-1739 Moffett St, Hollywood FL 33020
Hollywood, FL 33020
$4,000,000
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- Price
- $4,000,000
- Building size
- 10,025
- Property type
- Income/MultiFamily
- Year built
- 1945
- Lot size (sq ft)
- 34,005
- MLS number
- A12023438
This listing is courtesy of RE/MAX 5 Star Realty, 954-361-0000.
About this property
1723–1739 Moffett Street is a 20-unit multifamily investment opportunity located in the rapidly growing Hollywood rental market. The property consists of multiple adjacent apartment buildings situated on approximately 34,005 SF and currently generates strong in-place rental income with additional upside through future rental increases, continued renovations, lease-up opportunities, and operational improvements. Several units throughout the property have been renovated with updated interiors while the remaining units provide additional value-add potential for future ownership. The property benefits from strong tenant demand and a central location near Downtown Hollywood, Young Circle, Federal Highway, Dixie Highway, I-95, and Hollywood Beach. In addition to the existing multifamily income, the site also presents long-term redevelopment potential under the Live Local Act with the ability to develop approximately 180+ units.
Details
- Property type
- Income/MultiFamily
- Year built
- 1945
- Lot size (sq ft)
- 34,005
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC