1927/1929 Roosevelt St # 10, Hollywood FL 33020 | Broward County | A12026002
- $2,250,000
- $2,250,000
Description
1927 and 1929 Roosevelt Street is a 10-unit multifamily investment opportunity consisting of two 2-bedroom/2-bath units, two 2-bedroom/1-bath units, four 1-bedroom/1-bath units, and two studio units. The property offers a well-balanced unit mix that transitions from larger two-bedroom units to smaller one-bedroom and studio apartments, allowing investors to capture demand from a variety of tenant profiles. The asset features impact windows, a durable tile roof, and ample on-site parking, helping minimize near-term capital expenditures while supporting long-term operational efficiency. The property is currently operated with below-market rents and predominantly month-to-month tenancies, providing a clear value-add opportunity for new ownership. By bringing rents to market levels, ownership can achieve a projected NOI of approximately $173,150. Located in one of South Florida’s strongest rental markets, the property is approximately 5 minutes from Downtown Hollywood, 10 minutes from the beach, 8 minutes from Fort Lauderdale-Hollywood International Airport, and offers convenient access to Interstate 95 and other major transportation corridors. This is an attractive opportunity for investors seeking stable cash flow with significant upside potential.
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Address
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Address: Roosevelt St
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City: Hollywood
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Zip/Postal Code: 33020
Details
Updated on July 6, 2026 at 6:39 pm-
Property ID A12026002
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Price $2,250,000
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Year Built 1969
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Property Status Active, Commercial Sale
Additional details
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Annual Tax 14285
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional/Refinance
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Waterfront No
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Tax Year 2025
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Building Area 6450
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Unit Number 1-10
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Flood Zone X
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New Construction No
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Lot Size (Sq Ft) 16063
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