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Angela Ackermann

angela.ackermann@engelvoelkers.com +1(772) 418-4420

$ 2,250,000

Est. payment -/mo

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1927/1929 Roosevelt ST Hollywood, FL 33020

6,450 SqFt

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

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 6450

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

Area 3050

Zoning ND-1

Interior

Interior Features InteriorFeatures

Heating Other, Separate Meters, Wall Furnace

Cooling Other, Wall/Window Unit(s)

Flooring Other, Tile, Vinyl

Fireplace No

Exterior

Utilities Available Cable Available

Roof Type Built-Up,Other,Spanish Tile

Total Parking Spaces 14

Private Pool No

Building

Dwelling Type Multi Family

Story 1

Sewer Public Sewer

Structure Type Block

New Construction No

Construction Status Resale

Schools

Elementary Schools Dania

Middle Schools Olsen

High Schools South Broward

Others

Tax ID 514203104330

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12026019

Listed by Elior Levi Fausto Commercial Realty Consultants Inc

Angela Ackermann

Broker Associate | License ID: BK3019936

+1(772) 418-4420

Angela Ackermann

1927/1929 Roosevelt ST Hollywood, FL 33020

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1927/1929 Roosevelt ST