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Est. payment /mo
10,025 SqFt
Active
1723-1739 Moffett ST Hollywood, FL 33020
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,025 sqft
MLS Listing ID A12023438
HOA Y/N No
Year Built 1945
Annual Tax Amount $66,091
Lot Size 0.780 Acres
Acres 0.78
Property Sub-Type Multi Family
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.
Location
State FL
County Broward
Area 3030
Region Hollywood
City Region Hollywood
Interior
Fireplace No
Others
Pets Allowed No
Tax ID 514222090050
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12023438
Listed by John DeMarco RE/MAX 5 Star Realty