Income/MultiFamily in Hollywood
$2,195,000
n/a
n/a
n/a
Income/MultiFamily, Commercial Sale
Details
Overview
Description
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.
This income/multifamily home located at 1927/1929 Roosevelt St # 10, Hollywood FL 33020 is currently for sale and has been available on Brickellsold for 39 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1969. 1927/1929 Roosevelt St # 10, Hollywood FL 33020 is in Hollywood county Broward County.
Interior
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Property
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Construction
- Year Built: 1969
Community & HOA
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Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Aventura Waterways K-8 Center • 0.0 mi • K-12
- Virginia A. Boone/Highland Oaks Elementary • 0.0 mi • K-12
- Dr. Michael M. Krop Senior High • 0.0 mi • K-12
- iPrep Academy North • 0.0 mi • K-12
- Highland Oaks Middle • 0.0 mi • K-12
- Madie Ives K-8 Preparatory Academy • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.
