1723-1739 Moffett Street, Hollywood, FL

$4,000,000

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0.78

Acres

About 1723-1739 Moffett Street

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.

Features of 1723-1739 Moffett Street

MLS® # A12023438
Price $4,000,000
Acres 0.78
Year Built 1945
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address 1723-1739 Moffett Street
Area 3030
City Hollywood
County Broward
State FL
Zip Code 33020
HOPA No Hopa

Additional Information

Zoning FH-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX 5 Star Realty

Listing Map

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