1723-1739 Moffett St, Hollywood FL 33020

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.

Property Details

Property Type

Income/MultiFamily

Status

Active

MLS #

A12023438

Building Area

10,025 SF

Lot Size

34,005 SF

Year Built

1945

Zoning

FH-1

Days on Market

90

Price

$4,000,000