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1723-1739 Moffett St, Hollywood FL 33020

Commercial Sale

1723-1739 Moffett St

Hollywood, FL 33020

ML#:A12023438
List Price:$4,000,000
Status:Active
Days on Market:16
Listing Brkr:RE/MAX 5 Star Realty
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:34005 sqft
Year Built:1945
Stories:

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33020
Subdivision:
Latitude:25.997020
Longitude:-80.141607

Financial Information

Annual Taxes:$66,091
Days on Market:16

Remarks

1723–1739 Moffett Street is a 20-unit multifamily investment opportunity located in the rapidly growing Hollywood rental market. The property consists of multiple adjacent apartment buildings situated on approximately 34,005 SF and currently generates strong in-place rental income with additional upside through future rental increases, continued renovations, lease-up opportunities, and operational improvements. Several units throughout the property have been renovated with updated interiors while the remaining units provide additional value-add potential for future ownership. 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 long-term redevelopment potential under the Live Local Act with the ability to develop approximately 180+ units.

Listing Agent

John DeMarco

RE/MAX 5 Star Realty

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276

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