Active MLS listing · MLS #A12023451

1741-1743 Moffett Street

Hollywood, FL, 33020

1 / 9

$1,500,000

-Beds

0Baths

3504SqFt

Property type: Multi Family
Subdivision: -
Year built: 1953

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.

Listing Courtesy of: RE/MAX 5 Star Realty
John@deMarcogroup.net

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