Property Description

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.

Address Map
State:
FL
County:
Broward
City:
Hollywood
Zipcode:
33020
Street:
1723-1739 Moffett St, Hollywood, Florida 33020
Longitude:
W119° 40' 13.7''
Latitude:
N34° 5' 52.8''
MLS Addon
Building Area:
10,025 Sqft
Cumulative DOM:
5
DOM:
1
Internet Address Display:
1
Internet Listing Display:
1
Parcel Number:
514222090050
Structure Type:
Multi Family
Tax Annual Amount:
$66,091
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Commercial Sale For Sale

1723-1739 Moffett St, Hollywood, Florida 33020, Hollywood, Florida 33020

34,005 Sqft
$4,000,000
MLS # #A12023438
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$4,000,000
Year Built :
1945
Lot Area :
34,005 Sqft
MLS # :
A12023438
Property Sub Type :
Multi Family
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