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… Read More 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. Read Less
Courtesy of RE/MAX 5 Star Realty 954-361-0000
Listing Snapshot
Days Online
24
Last Updated
Property Type
Multi Family
Square Ft.
10,025
Lot Size
0.78 Acres
Year Built
1945
MLS Number
A12023438
30 Days Snapshot Of 33020
$204k
-13%
(avg) sold price
3
-25%
homes sold
290
+62%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1945, Toal building area: 10025
Lot
0.78 acres
Property
Zoning: FH-1
Taxes
Annual amount: $66,091
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