1723-1739 Moffett St
1723-1739, Moffett St, Hollywood, FL, 33020Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Lot size: 34005, 34005 sq ft
- Year built: 1945
- County: Broward
- MLS ID: A12023438
Description
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Description:
HOLLYWOOD SOUTH SIDE ADD 3-16 B LOT 6 TO 11 BLK 1 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.
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Building Details
- Structure Type: MultiFamily
- Covered Spaces: 0
Expenses, Fees & Taxes
- Tax Annual Amount: $66,091
Miscellaneous
- List Office Name: RE/MAX 5 Star Realty
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This Multifamily-type commercial real estate is located in 1723-1739, Moffett St, Hollywood, FL, 33020 was built in 1945, and is listed at $4,000,000.