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$1,500,000
Est. payment /mo
3,504 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,504 sqft
Price per Sqft $428
MLS Listing ID A12023451
HOA Y/N No
Year Built 1953
Annual Tax Amount $27,544
Lot Size 0.260 Acres
Property Sub-Type Multi Family
Property Description
1741–1743 Moffett Street is an 8-unit multifamily investment opportunity located in the rapidly growing Hollywood rental market. The property consists of two adjacent multifamily buildings situated on approximately 11,334 SF currently generating strong in-place rental income with additional upside through future rental increases, continued renovations, lease-up opportunities, and operational improvements. Several units have been updated while 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 future long-term redevelopment opportunity under the Live Local Act with the ability to develop approximately 60+ units.
Location
State FL
County Broward
Area 3050
Exterior
Private Pool Yes
Others
Tax ID 514222090040
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12023451
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Listed by RE/MAX 5 Star Realty
NEARBY SCHOOL & BUSINESS
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