1741–1743 Moffett Street is an 8-unit multifamily investment opportunity located in the rapidly growing Hollywood rental market. The property consists of two adjacent multifamily buildings situated on approximately 11,334 SF currently generating strong in-place rental income with additional upside through future rental increases, continued renovations, lease-up opportunities, and operational improvements. Several units have been updated while 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 future long-term redevelopment opportunity under the Live Local Act with the ability to develop approximately 60+ units.
- State:
- FL
- County:
- Broward
- City:
- Hollywood
- Zipcode:
- 33020
- Street:
- 1741-1743 Moffett St, Hollywood, Florida 33020
- Longitude:
- W81° 51' 44.6''
- Latitude:
- N25° 59' 48.8''
- Building Area:
- 3,504 Sqft
- Cumulative DOM:
- 6
- DOM:
- 3
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 514222090040
- Structure Type:
- Multi Family
- Tax Annual Amount:
- $27,544
- Virtual Tour:
- Click Here
Commercial Sale For Sale
1741-1743 Moffett St, Hollywood, Florida 33020, Hollywood, Florida 33020
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,500,000
- Year Built :
- 1953
- Lot Area :
- 11,334 Sqft
- MLS # :
- A12023451
- Property Sub Type :
- Multi Family
