Property 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.

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof:
Spanish Tile, Other, Built-up
Sewer
Address Map
State:
FL
County:
Broward
City:
Hollywood
Zipcode:
33020
Street:
1927/1929 Roosevelt St, Hollywood, Florida 33020
Longitude:
W81° 49' 34.6''
Latitude:
N26° 1' 29.6''
MLS Addon
Building Area:
6,450 Sqft
Construction Materials:
Block
Cumulative DOM:
2
DOM:
2
Flooring:
Tile, Vinyl, Other
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
514203104330
Subdivision Name:
NORTH HOLLYWOOD
Tax Annual Amount:
$14,285
Utilities
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Residential Income For Sale

1927/1929 Roosevelt St, Hollywood, Florida 33020, Hollywood, Florida 33020

6,450 Sqft
$2,250,000
MLS # #A12026019
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$2,250,000
Square Footage :
6,450 Sqft
Year Built :
1969
MLS # :
A12026019
Property Sub Type :
Quadruplex
Agent info
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