1927/1929 Roosevelt St, Hollywood, FL 33020
1927/1929 Roosevelt St, Hollywood, FL 33020
1927/1929 Roosevelt St, Hollywood, FL 33020
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William Gartin

William Gartin

+1(305) 842-6097
$2,250,000
Est. payment /mo
6,450 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,450 sqft

Price per Sqft $348

Subdivision North Hollywood

MLS Listing ID A12026019

Style Fourplex

HOA Y/N No

Year Built 1969

Annual Tax Amount $14,285

Tax Year 2025

Property Sub-Type Quadruplex

Property 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.

Location

State FL

County Broward

Community North Hollywood

Area 3050

Interior

Heating Other, Wall Furnace

Cooling Other, Wall/Window Unit(s)

Flooring Other, Tile, Vinyl

Exterior

Pool None

Utilities Available Cable Available

Roof Type Built-Up,Other,Spanish Tile

Total Parking Spaces 14

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

Tax ID 514203104330

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc

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William Gartin

William Gartin

+1(305) 842-6097

Agent | License ID: 3422133

Agent License ID: 3422133

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