1741-1743 Moffett St, Hollywood FL 33020
Hollywood, FL 33020
$1,500,000
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- Price
- $1,500,000
- Building size
- 3,504
- Property type
- Income/MultiFamily
- Year built
- 1953
- Lot size (sq ft)
- 11,334
- MLS number
- A12023451
This listing is courtesy of RE/MAX 5 Star Realty, 954-361-0000.
About this property
1741–1743 Moffett Street is an 8-unit multifamily investment opportunity located in the rapidly growing Hollywood rental market. The property consists of two adjacent multifamily buildings situated on approximately 11,334 SF currently generating strong in-place rental income with additional upside through future rental increases, continued renovations, lease-up opportunities, and operational improvements. Several units have been updated while 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 future long-term redevelopment opportunity under the Live Local Act with the ability to develop approximately 60+ units.
Details
- Property type
- Income/MultiFamily
- Year built
- 1953
- Lot size (sq ft)
- 11,334
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC