Commercial Real Estate

CommercialSaleMultifamilyHollywood1-10, 1927/1929, Roosevelt St, Hollywood, FL, 33020

1927/1929 Roosevelt St 1-10

1-10, 1927/1929, Roosevelt St, Hollywood, FL, 33020
    $2,250,000
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    Basics

    Description

    • Description:

      NORTH HOLLYWOOD 4-1 B LOT 6 BLK 35 1927 and 1929 Roosevelt Street is a 10-unit multifamily investment opportunity consisting of two 2-bedroom/2-bath units, two 2-bedroom/1-bath units, four 1-bedroom/1-bath units, and two studio units. The property offers a well-balanced unit mix that transitions from larger two-bedroom units to smaller one-bedroom and studio apartments, allowing investors to capture demand from a variety of tenant profiles. The asset features impact windows, a durable tile roof, and ample on-site parking, helping minimize near-term capital expenditures while supporting long-term operational efficiency. The property is currently operated with below-market rents and predominantly month-to-month tenancies, providing a clear value-add opportunity for new ownership. By bringing rents to market levels, ownership can achieve a projected NOI of approximately $173,150. Located in one of South Florida's strongest rental markets, the property is approximately 5 minutes from Downtown Hollywood, 10 minutes from the beach, 8 minutes from Fort Lauderdale-Hollywood International Airport, and offers convenient access to Interstate 95 and other major transportation corridors. This is an attractive opportunity for investors seeking stable cash flow with significant upside potential.

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    Building Details

    • Structure Type: Apartment
    • Covered Spaces: 0

    Expenses, Fees & Taxes

    • Tax Annual Amount: $14,285
    • Tax Year: 2025

    Miscellaneous

    • List Office Name: Fausto Commercial Realty Consultants Inc
    • Listing Terms: Cash,Conventional,Other

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    This -type commercial real estate is located in 1-10, 1927/1929, Roosevelt St, Hollywood, FL, 33020 was built in 1969, and is listed at $2,250,000.

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