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Listed price in listed location currency (USD).
$2,195,000

0014

MLS® A12026019

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 6450 sqft
Garage No
Taxes $14,285
Days Active 73
Lot Size 
Approx. Age 1969
Avg. Price Per Sqft $340
MLS® Number A12026019

Property Address: 1927/1929 Roosevelt, Hollywood, FL, 33020

Average square foot calculated using Size range provided by listing agent.

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
MLS® NumberA12026019
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1969
Basement
Driveway
Garage Spaces
HeatOther, Wall Furnace
A/COther, Wall Window Units

Extras

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