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.
| MLS # | A12023451 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 167 |
| Listing Provided By | RE/MAX 5 Star Realty | John DeMarco |
| SQ Feet | 3,504 |
|---|---|
| Zoning | FH-1 |
| Acreage | 0.26 |
| Tax Annual Amount | 27544 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3030 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Listing VS Median (in 33020) | |
Price: $1,500,000 low | high Med: $6,825 sqft: 3,504 low | high Med: 2,250 $ / sqft: $428 low | high Med: $3 On site: 167 low | high Med: 149.5 | |
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3030 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Listing VS Median (in 33020) | |
Price: $1,500,000 low | high Med: $6,825 sqft: 3,504 low | high Med: 2,250 $ / sqft: $428 low | high Med: $3 On site: 167 low | high Med: 149.5 | |