1927/1929 Roosevelt St, Hollywood FL 33020 | Broward County | A12026019
  • $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: Roosevelt St
  • City: Hollywood
  • Zip/Postal Code: 33020

Details

Updated on July 6, 2026 at 6:39 pm
  • Property ID A12026019
  • Price $2,250,000
  • Property Size 6450 Sq Ft
  • Year Built 1969
  • Property Status Active, Residential Income

Additional details

  • Flooring Other, Tile, Vinyl
  • Cooling Other, Wall/Window Unit(s)
  • Association Type None
  • Building NORTH HOLLYWOOD
  • Area North Hollywood
  • Annual Tax 14285
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Subdivision NORTH HOLLYWOOD
  • Total Stories 1
  • Heating Other, Window/Wall
  • Structure Type Quadruplex, Fourplex
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 6450
  • Year Built Details Resale
  • Flood Zone X
  • New Construction No
  • Style Fourplex
  • Lot Size (Sq Ft) 0

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