1723-1739 Moffett Street, Hollywood, FL 33020

Listing Snapshot

Price

$4,000,000

Days on Site

1 Days

Bedrooms

0

Total Baths

0

Total Sq Ft

10,025 sqft

Lot Size

0.78 Acres

Year Built

1945

Property Type

Commercial

MLS #

A12023438

Property Tax

$66,091

County

Broward

Status

Active

About This Property

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.

General Features

Property Type

Commercial

Status

Active

Year Built

1945

Lot Size (Acres)

0.78

Total Sq Ft

10,025

Zoning

FH-1

Community & HOA

MLS Area

3030