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.
- 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''
- 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
- Virtual Tour:
- Click Here
Commercial Sale For Sale
1723-1739 Moffett St, Hollywood, Florida 33020, Hollywood, Florida 33020
- 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
